Finding Self Storage in Franklin, WI: Top Tips
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. In order to give you a better idea of these factors in Franklin, we pulled in data from the US Census.Self Storage and Moving in Franklin, WI
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. According to the US Census, the Franklin metro area's population grew from 35,482 in 2010 to 36,278 in 2014, a growth rate of 2.24%.The Real Estate Climate and Self Storage in Franklin, WI
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. 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. 5% of housing units in Franklin are vacant according to the US Census, while 95% are occupied. 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.