Tips for Finding Self Storage in Granite City, IL
Just starting your Granite City self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Granite City, 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. We used US Census data on Granite City to give you a better idea of these factors.Moving and Storage in Granite City, IL
If there are many people moving to or from Granite City, prices could be higher than in other cities. That's because self storage if often used as part of a home move. Population changes over time are one way of gauging the amount of moving activity in Granite City. The Granite City metro area saw its population decline from 29,840 persons in 2010 to 29,183 persons in 2014 according to the US Census, a decrease of -2.2%.Self Storage and Real Estate in Granite City, IL
Housing occupancy and vacancy rates in Granite City can help us get a better idea of how much demand there is for living and storage space in Granite City and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Granite City housing could indicate that real estate is in short supply. Self storage units in Granite City may then also be in short supply, which means Granite City storage unit prices may be higher. According to US Census estimates, 90% of housing units in Granite City are occupied, while the vacancy rate is at 10%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Granite City, suggesting that storage unit inventory might also be tighter in Granite City. With fewer units available, storage facilities in Granite City may charge higher prices.