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Finding Self Storage in Jericho, VT: Top Tips

Just starting your Jericho self storage search? There are a few things you should know. Storage unit prices and availability in Jericho are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Jericho.

Jericho, VT Moving and Storage

One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Jericho, prices could be higher and availability lower. By looking at population changes in Jericho, we should be able to get an idea of how many people are moving to or from the city. The Jericho metro area grew from 5,011 persons in 2010 to 5,074 persons in 2014 according to the US Census, an increase of 1.26%.

Self Storage and Real Estate in Jericho, VT

One way to get an idea of the demand for housing and storage space in Jericho is to look at housing occupancy and vacancy rates. Low rates of vacancy in Jericho housing could indicate that real estate is in short supply. Self storage units in Jericho may then also be in short supply, which means Jericho storage unit prices may be higher. 3.4% of housing units in Jericho are vacant according to the US Census, while 96.6% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Jericho, suggesting that storage unit inventory might also be tighter in Jericho. With fewer units available, storage facilities in Jericho may charge higher prices.