There are a few things you should know about Concord self storage before you begin your search. Storage unit prices and availability in Concord 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 Concord to help inform your Concord 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 Concord, that could affect storage unit pricing and availability. By looking at population changes in Concord, 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 Concord declined from 42,666 in 2010 to 42,444 in 2014, a loss of -0.52%.
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Concord. Low rates of vacancy in Concord housing could indicate that real estate is in short supply. Self storage units in Concord may then also be in short supply, which means Concord storage unit prices may be higher. According to US Census estimates, 93.3% of housing units in Concord are occupied, while the vacancy rate is at 6.7%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Concord may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Concord than in other cities.
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