Finding Self Storage in Florence, MS: Everything You Need To Know
Before beginning your self storage search in Florence, there are a few things you should know. 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Florence.Self Storage and Moving in Florence, MS
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Florence, prices could be higher and availability lower. Population changes over time are one way of gauging the amount of moving activity in Florence. According to the US Census, the Florence metro area's population grew from 4,152 in 2010 to 4,306 in 2014, a growth rate of 3.71%.Real Estate and Self Storage in Florence, MS
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Florence. If housing occupancy rates in Florence are high, it's probably safe to assume that storage facility occupancy rates in Florence are also high, which would push unit prices up. According to US Census estimates, 93.4% of housing units in Florence are occupied, while the vacancy rate is at 6.6%. 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.