There are a few things you should know about Jennings self storage before you begin your search. If you're wondering how much you should expect to pay for self storage in Jennings, 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. In order to give you a better idea of these factors in Jennings, we pulled in data from the US Census.
Many people use storage as part of their move, so if there are many people moving to Jennings, you might expect storage prices to be higher and unit availability to be lower. Population changes over time are one way of gauging the amount of moving activity in Jennings. The US Census tells us that the metro area population of Jennings declined from 874 in 2010 to 866 in 2014, a loss of -0.92%.
Vacancy and occupancy rates in the Jennings housing market can help us gauge the demand for living space and thus self-storage space in Jennings, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Jennings, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Jennings area. According to US Census estimates, 79.5% of housing units in Jennings are occupied, while the vacancy rate is at 20.5%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Jennings also have higher than average occupancy rates. High occupancy rates in Jennings will make it more difficult to find a good deal on a storage unit.
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