There are a few things you should know about Independence self storage before you begin your search. The pricing and availability of storage units in Independence will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Independence.
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. By looking at population changes in Independence, we should be able to get an idea of how many people are moving to or from the city. The Independence metro area grew from 8,622 persons in 2010 to 8,768 persons in 2014 according to the US Census, an increase of 1.69%.
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. According to US Census estimates, 90.2% of housing units in Independence are occupied, while the vacancy rate is at 9.8%. 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.
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