Finding Self Storage in Joliet, IL: Top Tips
Before beginning your self storage search in Joliet, there are a few things you should know. Storage unit prices and availability in Joliet are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Joliet to help inform your Joliet self storage search.Joliet, IL Self Storage and Moving
Many people use storage as part of their move, so if there are many people moving to Joliet, 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 Joliet we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Joliet grew from 147,677 in 2010 to 147,928 in 2014, which is a rate of 0.17% growth over four years.The Relationship Between Real Estate and Self Storage in Joliet, IL
Housing occupancy and vacancy rates in Joliet can help us get a better idea of how much demand there is for living and storage space in Joliet and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Joliet housing could indicate that real estate is in short supply. Self storage units in Joliet may then also be in short supply, which means Joliet storage unit prices may be higher. Joliet is estimated to have a 93.6% housing occupancy rate, while the vacancy rate is at 6.4%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Joliet, suggesting that storage unit inventory might also be tighter in Joliet. With fewer units available, storage facilities in Joliet may charge higher prices.