Just starting your Kettering self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Kettering, 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Kettering to help inform your Kettering self storage search.
If there are many people moving to or from Kettering, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Kettering by looking at the change in population. US Census data tells us that the Kettering metro area's population shrank from 56,234 in 2010 to 55,705 in 2014, a decline of -0.94%.
Vacancy and occupancy rates in the Kettering housing market can help us gauge the demand for living space and thus self-storage space in Kettering, and may hint at storage availability and pricing. Low rates of vacancy in Kettering housing could indicate that real estate is in short supply. Self storage units in Kettering may then also be in short supply, which means Kettering storage unit prices may be higher. Kettering is estimated to have a 92.1% housing occupancy rate, while the vacancy rate is at 7.9%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Kettering also have higher than average occupancy rates. High occupancy rates in Kettering will make it more difficult to find a good deal on a storage unit.
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