Just starting your Encinitas self storage search? There are a few things you should know. Encinitas 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. We used US Census data on Encinitas to give you a better idea of these factors.
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 Encinitas, 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 Encinitas we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Encinitas grew from 59,701 in 2010 to 62,254 in 2014, which is a rate of 4.28% growth over four years.
Vacancy and occupancy rates in the Encinitas housing market can help us gauge the demand for living space and thus self-storage space in Encinitas, and may hint at storage availability and pricing. If there's low vacancy rates in Encinitas housing, there's likely low vacancy at Encinitas storage facilities. This would allow storage facilities in Encinitas to charge higher prices for their units. Encinitas is estimated to have a 93.6% housing occupancy rate, while the vacancy rate is at 6.4%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Encinitas may also be higher. That might make it harder to find cheap storage in Encinitas.
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