There are a few things you should know about Galveston self storage before you begin your search. Galveston storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. The US Census keeps accurate data relating to all of these factors, so we've used their data on Galveston to help inform your Galveston self storage search.
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Galveston, prices could be higher and availability lower. By looking at population changes in Galveston, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Galveston declined from 1,312 in 2010 to 1,288 in 2014, a loss of -1.83%.
Vacancy and occupancy rates in the Galveston housing market can help us gauge the demand for living space and thus self-storage space in Galveston, and may hint at storage availability and pricing. Low rates of vacancy in Galveston housing could indicate that real estate is in short supply. Self storage units in Galveston may then also be in short supply, which means Galveston storage unit prices may be higher. According to US Census estimates, 87.4% of housing units in Galveston are occupied, while the vacancy rate is at 12.6%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Galveston may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Galveston than in other cities.
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