Tips for Finding Self Storage in Byram, MS
Just starting your Byram self storage search? There are a few things you should know. Byram 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. In order to give you a better idea of these factors in Byram, we pulled in data from the US Census.Self Storage and Moving in Byram, MS
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 Byram, prices could be higher and availability lower. By looking at population changes in Byram, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Byram grew from 11,504 in 2010 to 11,556 in 2014, which is a rate of 0.45% growth over four years.The Relationship Between Real Estate and Self Storage in Byram, MS
Housing occupancy and vacancy rates in Byram can help us get a better idea of how much demand there is for living and storage space in Byram 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 Byram, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Byram area. According to US Census estimates, 94.5% of housing units in Byram are occupied, while the vacancy rate is at 5.5%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Byram, suggesting that storage unit inventory might also be tighter in Byram. With fewer units available, storage facilities in Byram may charge higher prices.