Finding Self Storage in Hillsboro, OR: Everything You Need To Know
If you're searching for self storage in Hillsboro, there are a few things you should keep in mind. Storage unit prices and availability in Hillsboro 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 Hillsboro, we pulled in data from the US Census.Moving and Storage in Hillsboro, OR
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Hillsboro, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Hillsboro we can get a better idea of the amount of moving activity. The Hillsboro metro area grew from 92,462 persons in 2010 to 99,393 persons in 2014 according to the US Census, an increase of 7.5%.Real Estate and Self Storage in Hillsboro, OR
Vacancy and occupancy rates in the Hillsboro housing market can help us gauge the demand for living space and thus self-storage space in Hillsboro, and may hint at storage availability and pricing. Low rates of vacancy in Hillsboro housing could indicate that real estate is in short supply. Self storage units in Hillsboro may then also be in short supply, which means Hillsboro storage unit prices may be higher. According to US Census estimates, 93.8% of housing units in Hillsboro are occupied, while the vacancy rate is at 6.2%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Hillsboro, suggesting that storage unit inventory might also be tighter in Hillsboro. With fewer units available, storage facilities in Hillsboro may charge higher prices.