Tips for Finding Self Storage in Franklin, NH
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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Franklin.Franklin, NH Moving and Storage
Many people use storage as part of their move, so if there are many people moving to Franklin, you might expect storage prices to be higher and unit availability to be lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Franklin we can get a better idea of the amount of moving activity. From 2010 to 2014, the Franklin metro area population fell from 8,469 to 8,428, a loss of -0.48% according to the US Census.The Real Estate Climate and Self Storage in Franklin, NH
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Franklin. If housing occupancy rates in Franklin are high, it's probably safe to assume that storage facility occupancy rates in Franklin are also high, which would push unit prices up. According to US Census estimates, 86.5% of housing units in Franklin are occupied, while the vacancy rate is at 13.5%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Franklin may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Franklin than in other cities.