Just starting your Burlington self storage search? There are a few things you should know. Burlington storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to 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.
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 Burlington metro area grew from 10,527 persons in 2010 to 10,541 persons in 2014 according to the US Census, an increase of 0.13%.
Vacancy and occupancy rates in the Burlington housing market can help us gauge the demand for living space and thus self-storage space in Burlington, and may hint at storage availability and pricing. 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. According to US Census estimates, 93.6% of housing units in Burlington are occupied, while the vacancy rate is at 6.4%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Burlington may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Burlington than in other cities.
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