Before beginning your self storage search in Folsom, there are a few things you should know. Folsom 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 Folsom to give you a better idea of these factors.
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 Folsom, prices could be higher and availability lower. By looking at population changes in Folsom, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Folsom grew from 72,183 in 2010 to 75,361 in 2014, which is a rate of 4.4% growth over four years.
One way to get an idea of the demand for housing and storage space in Folsom is to look at housing occupancy and vacancy rates. Low rates of vacancy in Folsom housing could indicate that real estate is in short supply. Self storage units in Folsom may then also be in short supply, which means Folsom storage unit prices may be higher. Folsom is estimated to have a 95.6% housing occupancy rate, while the vacancy rate is at 4.4%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Folsom may also be higher. That might make it harder to find cheap storage in Folsom.
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