If you're searching for self storage in Griffin, there are a few things you should keep in mind. Storage unit prices and availability in Griffin are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Griffin to help inform your Griffin self storage search.
If there are many people moving to or from Griffin, 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 Griffin. The US Census tells us that the metro area population of Griffin declined from 23,603 in 2010 to 23,329 in 2014, a loss of -1.16%.
Vacancy and occupancy rates in the Griffin housing market can help us gauge the demand for living space and thus self-storage space in Griffin, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Griffin, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Griffin area. Griffin is estimated to have a 85% housing occupancy rate, while the vacancy rate is at 15%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Griffin also have higher than average occupancy rates. High occupancy rates in Griffin will make it more difficult to find a good deal on a storage unit.
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