If you're searching for self storage in Franklin, there are a few things you should keep in mind. The pricing and availability of storage units in Franklin will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. The US Census keeps accurate data relating to all of these factors, so we've used their data on Franklin to help inform your Franklin self storage search.
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 Franklin, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in Franklin. US Census data tells us that the Franklin metro area's population shrank from 994 in 2010 to 974 in 2014, a decline of -2.01%.
Housing occupancy and vacancy rates in Franklin can help us get a better idea of how much demand there is for living and storage space in Franklin and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Franklin housing could indicate that real estate is in short supply. Self storage units in Franklin may then also be in short supply, which means Franklin storage unit prices may be higher. According to US Census estimates, 82.9% of housing units in Franklin are occupied, while the vacancy rate is at 17.1%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Franklin also have higher than average occupancy rates. High occupancy rates in Franklin will make it more difficult to find a good deal on a storage unit.
(877) 449-0987(Se habla espanol)
2020 © Self Storage Finders. All Rights Reserved.