Everything You Need to Know About Finding Self Storage in Davison, MI
Just starting your Davison self storage search? There are a few things you should know. Storage unit prices and availability in Davison are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. In order to give you a better idea of these factors in Davison, we pulled in data from the US Census.Self Storage and Moving in Davison, MI
If there are many people moving to or from Davison, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Davison by looking at the change in population. From 2010 to 2014, the Davison metro area population fell from 5,161 to 5,000, a loss of -3.12% according to the US Census.The Relationship Between Real Estate and Self Storage in Davison, MI
Vacancy and occupancy rates in the Davison housing market can help us gauge the demand for living space and thus self-storage space in Davison, and may hint at storage availability and pricing. Low rates of vacancy in Davison housing could indicate that real estate is in short supply. Self storage units in Davison may then also be in short supply, which means Davison storage unit prices may be higher. 8.6% of housing units in Davison are vacant according to the US Census, while 91.4% are occupied. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Davison also have higher than average occupancy rates. High occupancy rates in Davison will make it more difficult to find a good deal on a storage unit.