Everything You Need to Know About Finding Self Storage in Burlington, NC
If you're searching for self storage in Burlington, there are a few things you should keep in mind. The pricing and availability of storage units in Burlington will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. The US Census keeps accurate data relating to all of these factors, so we've used their data on Burlington to help inform your Burlington self storage search.Burlington, NC Self Storage and Moving
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Burlington, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Burlington we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Burlington grew from 51,043 in 2010 to 51,812 in 2014, which is a rate of 1.51% growth over four years.Self Storage and Real Estate in Burlington, NC
Housing occupancy and vacancy rates in Burlington can help us get a better idea of how much demand there is for living and storage space in Burlington and thus the kind of storage prices and availability we should expect to find. High occupancy rates can indicate a lack of housing supply in Burlington, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Burlington area. 11.9% of housing units in Burlington are vacant according to the US Census, while 88.1% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Burlington, suggesting that storage unit inventory might also be tighter in Burlington. With fewer units available, storage facilities in Burlington may charge higher prices.