Finding Self Storage in Decatur, AL: Top Tips
If you're searching for self storage in Decatur, 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 Decatur, 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 Decatur, we pulled in data from the US Census.Moving and Storage in Decatur, AL
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 Decatur, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Decatur we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Decatur declined from 55,730 in 2010 to 55,532 in 2014, a loss of -0.36%.The Relationship Between Real Estate and Self Storage in Decatur, AL
Vacancy and occupancy rates in the Decatur housing market can help us gauge the demand for living space and thus self-storage space in Decatur, and may hint at storage availability and pricing. Low rates of vacancy in Decatur housing could indicate that real estate is in short supply. Self storage units in Decatur may then also be in short supply, which means Decatur storage unit prices may be higher. Decatur is estimated to have a 92% housing occupancy rate, while the vacancy rate is at 8%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Decatur, suggesting that storage unit inventory might also be tighter in Decatur. With fewer units available, storage facilities in Decatur may charge higher prices.