Tips for Finding Self Storage in Independence, KY
Just starting your Independence self storage search? There are a few things you should know. Independence storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. We used US Census data on Independence to give you a better idea of these factors.Moving and Storage in Independence, KY
If there are many people moving to or from Independence, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Independence by looking at the change in population. The Independence metro area grew from 24,857 persons in 2010 to 26,378 persons in 2014 according to the US Census, an increase of 6.12%.Real Estate and Self Storage in Independence, KY
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Independence. If housing occupancy rates in Independence are high, it's probably safe to assume that storage facility occupancy rates in Independence are also high, which would push unit prices up. Independence is estimated to have a 94.3% housing occupancy rate, while the vacancy rate is at 5.7%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Independence may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Independence than in other cities.