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Finding Self Storage in Elma, WA: Top Tips

If you're searching for self storage in Elma, there are a few things you should keep in mind. Storage unit prices and availability in Elma 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 Elma, we pulled in data from the US Census.

Self Storage and Moving in Elma, WA

If there are many people moving to or from Elma, 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 Elma by looking at the change in population. The Elma metro area saw its population decline from 3,104 persons in 2010 to 3,018 persons in 2014 according to the US Census, a decrease of -2.77%.

Real Estate and Self Storage in Elma, WA

One way to get an idea of the demand for housing and storage space in Elma is to look at housing occupancy and vacancy rates. If housing occupancy rates in Elma are high, it's probably safe to assume that storage facility occupancy rates in Elma are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Elma are at 7.5%, while the occupancy rate is at 92.5%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Elma, suggesting that storage unit inventory might also be tighter in Elma. With fewer units available, storage facilities in Elma may charge higher prices.