Tips for Finding Self Storage in Florence, KY
There are a few things you should know about Florence self storage before you begin your search. If you're wondering how much you should expect to pay for self storage in Florence, 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. We used US Census data on Florence to give you a better idea of these factors.Moving and Storage in Florence, KY
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 Florence, that could affect storage unit pricing and availability. By looking at population changes in Florence, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Florence metro area's population grew from 30,079 in 2010 to 31,888 in 2014, a growth rate of 6.01%.Real Estate and Self Storage in Florence, KY
Vacancy and occupancy rates in the Florence housing market can help us gauge the demand for living space and thus self-storage space in Florence, and may hint at storage availability and pricing. Low rates of vacancy in Florence housing could indicate that real estate is in short supply. Self storage units in Florence may then also be in short supply, which means Florence storage unit prices may be higher. 7.1% of housing units in Florence are vacant according to the US Census, while 92.9% are occupied. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Florence also have higher than average occupancy rates. High occupancy rates in Florence will make it more difficult to find a good deal on a storage unit.