Everything You Need to Know About Finding Self Storage in Independence, OH
Before beginning your self storage search in Independence, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Independence, 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 Independence to give you a better idea of these factors.Independence, OH Self Storage and Moving
Many people use storage as part of their move, so if there are many people moving to Independence, you might expect storage prices to be higher and unit availability to be lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Independence we can get a better idea of the amount of moving activity. From 2010 to 2014, the Independence metro area population grew from 7,124 to 7,136, a growth rate of 0.17% according to the US Census.Self Storage and Real Estate in Independence, OH
One way to get an idea of the demand for housing and storage space in Independence is to look at housing occupancy and vacancy rates. Low rates of vacancy in Independence housing could indicate that real estate is in short supply. Self storage units in Independence may then also be in short supply, which means Independence storage unit prices may be higher. The US Census estimates that housing vacancy rates in Independence are at 3.4%, while the occupancy rate is at 96.6%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Independence also have higher than average occupancy rates. High occupancy rates in Independence will make it more difficult to find a good deal on a storage unit.