Finding Self Storage in Casper, WY: Everything You Need To Know
Before beginning your self storage search in Casper, there are a few things you should know. The pricing and availability of storage units in Casper will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. In order to give you a better idea of these factors in Casper, we pulled in data from the US Census.Self Storage and Moving in Casper, WY
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 Casper, that could affect storage unit pricing and availability. By looking at population changes in Casper, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Casper metro area's population grew from 55,278 in 2010 to 60,086 in 2014, a growth rate of 8.7%.The Real Estate Climate and Self Storage in Casper, WY
One way to get an idea of the demand for housing and storage space in Casper is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Casper housing, there's likely low vacancy at Casper storage facilities. This would allow storage facilities in Casper to charge higher prices for their units. Casper is estimated to have a 92.9% housing occupancy rate, while the vacancy rate is at 7.1%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Casper, suggesting that storage unit inventory might also be tighter in Casper. With fewer units available, storage facilities in Casper may charge higher prices.