Everything You Need to Know About Finding Self Storage in Draper, UT
If you're searching for self storage in Draper, there are a few things you should keep in mind. Draper 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Draper to help inform your Draper self storage search.Self Storage and Moving in Draper, UT
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 Draper, 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 Draper we can get a better idea of the amount of moving activity. From 2010 to 2014, the Draper metro area population grew from 42,416 to 46,202, a growth rate of 8.93% according to the US Census.Self Storage and Real Estate in Draper, UT
Vacancy and occupancy rates in the Draper housing market can help us gauge the demand for living space and thus self-storage space in Draper, and may hint at storage availability and pricing. If there's low vacancy rates in Draper housing, there's likely low vacancy at Draper storage facilities. This would allow storage facilities in Draper to charge higher prices for their units. The US Census estimates that housing vacancy rates in Draper are at 4.8%, while the occupancy rate is at 95.2%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Draper, suggesting that storage unit inventory might also be tighter in Draper. With fewer units available, storage facilities in Draper may charge higher prices.