Just starting your Eddyville self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Eddyville, 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 Eddyville, we pulled in data from the US Census.
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 Eddyville, that could affect storage unit pricing and availability. By looking at population changes in Eddyville, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Eddyville metro area population grew from 2,555 to 2,609, a growth rate of 2.11% according to the US Census.
Vacancy and occupancy rates in the Eddyville housing market can help us gauge the demand for living space and thus self-storage space in Eddyville, and may hint at storage availability and pricing. Low rates of vacancy in Eddyville housing could indicate that real estate is in short supply. Self storage units in Eddyville may then also be in short supply, which means Eddyville storage unit prices may be higher. According to US Census estimates, 86.1% of housing units in Eddyville are occupied, while the vacancy rate is at 13.9%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Eddyville also have higher than average occupancy rates. High occupancy rates in Eddyville will make it more difficult to find a good deal on a storage unit.
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