Before beginning your self storage search in Cottonwood, there are a few things you should know. Cottonwood storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. We used US Census data on Cottonwood to give you a better idea of these factors.
If there are many people moving to or from Cottonwood, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Cottonwood, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Cottonwood metro area population grew from 11,269 to 11,595, a growth rate of 2.89% according to the US Census.
One way to get an idea of the demand for housing and storage space in Cottonwood is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Cottonwood, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Cottonwood area. The US Census estimates that housing vacancy rates in Cottonwood are at 9.1%, while the occupancy rate is at 90.9%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Cottonwood may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Cottonwood than in other cities.
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