Finding Self Storage in Canastota, NY: Top Tips
Before beginning your self storage search in Canastota, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Canastota, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Canastota.Moving and Storage in Canastota, NY
Many people use storage as part of their move, so if there are many people moving to Canastota, you might expect storage prices to be higher and unit availability to be lower. Population changes over time are one way of gauging the amount of moving activity in Canastota. US Census data tells us that the Canastota metro area's population shrank from 4,780 in 2010 to 4,705 in 2014, a decline of -1.57%.Real Estate and Self Storage in Canastota, NY
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Canastota. If housing occupancy rates in Canastota are high, it's probably safe to assume that storage facility occupancy rates in Canastota are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Canastota are at 6.5%, while the occupancy rate is at 93.5%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Canastota, suggesting that storage unit inventory might also be tighter in Canastota. With fewer units available, storage facilities in Canastota may charge higher prices.