If you're searching for self storage in Colebrook, there are a few things you should keep in mind. If you're wondering how much you should expect to pay for self storage in Colebrook, 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. In order to give you a better idea of these factors in Colebrook, we pulled in data from the US Census.
Many people use storage as part of their move, so if there are many people moving to Colebrook, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Colebrook, we should be able to get an idea of how many people are moving to or from the city. US Census data tells us that the Colebrook metro area's population shrank from 2,295 in 2010 to 2,212 in 2014, a decline of -3.62%.
One way to get an idea of the demand for housing and storage space in Colebrook is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Colebrook, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Colebrook area. The US Census estimates that housing vacancy rates in Colebrook are at 12.8%, while the occupancy rate is at 87.2%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Colebrook may also be higher. That might make it harder to find cheap storage in Colebrook.
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