Finding Self Storage in Lake City, SC: Everything You Need To Know
Before beginning your self storage search in Lake City, there are a few things you should know. Storage unit prices and availability in Lake City 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 Lake City.Moving and Storage in Lake City, SC
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 Lake City, prices could be higher and availability lower. We can get a good idea of whether or not many people are moving to or from Lake City by looking at the change in population. From 2010 to 2014, the Lake City metro area population grew from 6,683 to 6,732, a growth rate of 0.73% according to the US Census.The Relationship Between Real Estate and Self Storage in Lake City, SC
Housing occupancy and vacancy rates in Lake City can help us get a better idea of how much demand there is for living and storage space in Lake City and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Lake City housing could indicate that real estate is in short supply. Self storage units in Lake City may then also be in short supply, which means Lake City storage unit prices may be higher. 12.1% of housing units in Lake City are vacant according to the US Census, while 87.9% are occupied. That's a higher rate than average for US cities, suggesting storage unit occupancy in Lake City may also be higher. That might make it harder to find cheap storage in Lake City.