If you're searching for self storage in Carol Stream, there are a few things you should keep in mind. Storage unit prices and availability in Carol Stream are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Carol Stream to help inform your Carol Stream self storage search.
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Carol Stream, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Carol Stream we can get a better idea of the amount of moving activity. According to the US Census, the Carol Stream metro area's population grew from 39,756 in 2010 to 40,349 in 2014, a growth rate of 1.49%.
One way to get an idea of the demand for housing and storage space in Carol Stream is to look at housing occupancy and vacancy rates. If housing occupancy rates in Carol Stream are high, it's probably safe to assume that storage facility occupancy rates in Carol Stream are also high, which would push unit prices up. 5.2% of housing units in Carol Stream are vacant according to the US Census, while 94.8% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Carol Stream may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Carol Stream than in other cities.
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