Tips for Finding Self Storage in Burlington, VT
If you're searching for self storage in Burlington, there are a few things you should keep in mind. Storage unit prices and availability in Burlington are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Burlington.Moving and Storage in Burlington, VT
If there are many people moving to or from Burlington, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Burlington, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Burlington metro area population fell from 42,414 to 42,211, a loss of -0.48% according to the US Census.The Relationship Between Real Estate and Self Storage in Burlington, VT
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. If housing occupancy rates in Burlington are high, it's probably safe to assume that storage facility occupancy rates in Burlington are also high, which would push unit prices up. 4.6% of housing units in Burlington are vacant according to the US Census, while 95.4% are occupied. That's a higher rate than average for US cities, suggesting storage unit occupancy in Burlington may also be higher. That might make it harder to find cheap storage in Burlington.