Everything You Need to Know About Finding Self Storage in Hampton, GA
Just starting your Hampton self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Hampton, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. We used US Census data on Hampton to give you a better idea of these factors.Self Storage and Moving in Hampton, GA
Many people use storage as part of their move, so if there are many people moving to Hampton, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Hampton, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Hampton metro area's population grew from 6,992 in 2010 to 7,305 in 2014, a growth rate of 4.48%.The Relationship Between Real Estate and Self Storage in Hampton, GA
Vacancy and occupancy rates in the Hampton housing market can help us gauge the demand for living space and thus self-storage space in Hampton, and may hint at storage availability and pricing. Low rates of vacancy in Hampton housing could indicate that real estate is in short supply. Self storage units in Hampton may then also be in short supply, which means Hampton storage unit prices may be higher. 14% of housing units in Hampton are vacant according to the US Census, while 86% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Hampton may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Hampton than in other cities.