Finding Self Storage in Frankfort, NY: Top Tips
Before beginning your self storage search in Frankfort, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Frankfort, 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Frankfort to help inform your Frankfort self storage search.Frankfort, NY Moving and Storage
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 Frankfort, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Frankfort we can get a better idea of the amount of moving activity. The Frankfort metro area saw its population decline from 2,590 persons in 2010 to 2,534 persons in 2014 according to the US Census, a decrease of -2.16%.Real Estate and Self Storage in Frankfort, NY
Vacancy and occupancy rates in the Frankfort housing market can help us gauge the demand for living space and thus self-storage space in Frankfort, and may hint at storage availability and pricing. If there's low vacancy rates in Frankfort housing, there's likely low vacancy at Frankfort storage facilities. This would allow storage facilities in Frankfort to charge higher prices for their units. According to US Census estimates, 91.6% of housing units in Frankfort are occupied, while the vacancy rate is at 8.4%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Frankfort, suggesting that storage unit inventory might also be tighter in Frankfort. With fewer units available, storage facilities in Frankfort may charge higher prices.