Tips for Finding Self Storage in Forest City, NC
Before beginning your self storage search in Forest City, there are a few things you should know. Forest City 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 Forest City to give you a better idea of these factors.Self Storage and Moving in Forest City, NC
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 Forest City, prices could be higher and availability lower. By looking at population changes in Forest City, we should be able to get an idea of how many people are moving to or from the city. US Census data tells us that the Forest City metro area's population shrank from 7,471 in 2010 to 7,324 in 2014, a decline of -1.97%.Self Storage and Real Estate in Forest City, NC
Housing occupancy and vacancy rates in Forest City can help us get a better idea of how much demand there is for living and storage space in Forest City and thus the kind of storage prices and availability we should expect to find. High occupancy rates can indicate a lack of housing supply in Forest City, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Forest City area. 13.3% of housing units in Forest City are vacant according to the US Census, while 86.7% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Forest City, suggesting that storage unit inventory might also be tighter in Forest City. With fewer units available, storage facilities in Forest City may charge higher prices.