Tips for Finding Self Storage in Highland Village, TX
There are a few things you should know about Highland Village self storage before you begin your search. Storage unit prices and availability in Highland Village are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. In order to give you a better idea of these factors in Highland Village, we pulled in data from the US Census.Highland Village, TX Moving and Storage
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 Highland Village, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Highland Village we can get a better idea of the amount of moving activity. From 2010 to 2014, the Highland Village metro area population grew from 15,148 to 15,995, a growth rate of 5.59% according to the US Census.The Relationship Between Real Estate and Self Storage in Highland Village, TX
One way to get an idea of the demand for housing and storage space in Highland Village is to look at housing occupancy and vacancy rates. If housing occupancy rates in Highland Village are high, it's probably safe to assume that storage facility occupancy rates in Highland Village are also high, which would push unit prices up. Highland Village is estimated to have a 97.9% housing occupancy rate, while the vacancy rate is at 2.1%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Highland Village may also be higher. That might make it harder to find cheap storage in Highland Village.