Before beginning your self storage search in Fort Smith, there are a few things you should know. Storage unit prices and availability in Fort Smith are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. In order to give you a better idea of these factors in Fort Smith, we pulled in data from the US Census.
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 Fort Smith, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from Fort Smith by looking at the change in population. The Fort Smith metro area grew from 86,354 persons in 2010 to 87,351 persons in 2014 according to the US Census, an increase of 1.15%.
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Fort Smith. If housing occupancy rates in Fort Smith are high, it's probably safe to assume that storage facility occupancy rates in Fort Smith are also high, which would push unit prices up. According to US Census estimates, 90.6% of housing units in Fort Smith are occupied, while the vacancy rate is at 9.4%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Fort Smith may also be higher. That might make it harder to find cheap storage in Fort Smith.
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