Just starting your Gurnee self storage search? There are a few things you should know. The pricing and availability of storage units in Gurnee 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Gurnee.
Many people use storage as part of their move, so if there are many people moving to Gurnee, you might expect storage prices to be higher and unit availability to be lower. We can get a good idea of whether or not many people are moving to or from Gurnee by looking at the change in population. US Census data tells us that the Gurnee metro area's population shrank from 31,258 in 2010 to 31,207 in 2014, a decline of -0.16%.
Housing occupancy and vacancy rates in Gurnee can help us get a better idea of how much demand there is for living and storage space in Gurnee and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Gurnee housing could indicate that real estate is in short supply. Self storage units in Gurnee may then also be in short supply, which means Gurnee storage unit prices may be higher. According to US Census estimates, 95.9% of housing units in Gurnee are occupied, while the vacancy rate is at 4.1%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Gurnee may also be higher. That might make it harder to find cheap storage in Gurnee.
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