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Finding Self Storage in Groves, TX: Everything You Need To Know

If you're searching for self storage in Groves, there are a few things you should keep in mind. Storage unit prices and availability in Groves are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. We used US Census data on Groves to give you a better idea of these factors.

Self Storage and Moving in Groves, TX

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 Groves, prices could be higher and availability lower. We can get a good idea of whether or not many people are moving to or from Groves by looking at the change in population. The Groves metro area saw its population decline from 16,110 persons in 2010 to 15,753 persons in 2014 according to the US Census, a decrease of -2.22%.

Self Storage and Real Estate in Groves, TX

Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Groves. Low rates of vacancy in Groves housing could indicate that real estate is in short supply. Self storage units in Groves may then also be in short supply, which means Groves storage unit prices may be higher. The US Census estimates that housing vacancy rates in Groves are at 9.3%, while the occupancy rate is at 90.7%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Groves, suggesting that storage unit inventory might also be tighter in Groves. With fewer units available, storage facilities in Groves may charge higher prices.