Everything You Need to Know About Finding Self Storage in Groton, CT
If you're searching for self storage in Groton, there are a few things you should keep in mind. The pricing and availability of storage units in Groton 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. We used US Census data on Groton to give you a better idea of these factors.Moving and Storage in Groton, CT
If there are many people moving to or from Groton, prices could be higher than in other cities. That's because self storage if often used as part of a home move. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Groton we can get a better idea of the amount of moving activity. The Groton metro area saw its population decline from 9,383 persons in 2010 to 9,299 persons in 2014 according to the US Census, a decrease of -0.9%.Real Estate and Self Storage in Groton, CT
Housing occupancy and vacancy rates in Groton can help us get a better idea of how much demand there is for living and storage space in Groton and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Groton housing could indicate that real estate is in short supply. Self storage units in Groton may then also be in short supply, which means Groton storage unit prices may be higher. The US Census estimates that housing vacancy rates in Groton are at 11.2%, while the occupancy rate is at 88.8%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Groton may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Groton than in other cities.
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