If you're searching for self storage in Griffith, there are a few things you should keep in mind. Storage unit prices and availability in Griffith 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 Griffith to help inform your Griffith self storage search.
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 Griffith, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Griffith we can get a better idea of the amount of moving activity. US Census data tells us that the Griffith metro area's population shrank from 16,890 in 2010 to 16,516 in 2014, a decline of -2.21%.
One way to get an idea of the demand for housing and storage space in Griffith is to look at housing occupancy and vacancy rates. If housing occupancy rates in Griffith are high, it's probably safe to assume that storage facility occupancy rates in Griffith are also high, which would push unit prices up. Griffith is estimated to have a 94.3% housing occupancy rate, while the vacancy rate is at 5.7%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Griffith may also be higher. That might make it harder to find cheap storage in Griffith.
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