Finding Self Storage in Lake Worth, FL: Top Tips
Just starting your Lake Worth self storage search? There are a few things you should know. Lake Worth storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. The US Census keeps accurate data relating to all of these factors, so we've used their data on Lake Worth to help inform your Lake Worth self storage search.Self Storage and Moving in Lake Worth, FL
If there are many people moving to or from Lake Worth, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Lake Worth, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Lake Worth metro area's population grew from 34,999 in 2010 to 37,097 in 2014, a growth rate of 5.99%.Self Storage and Real Estate in Lake Worth, FL
One way to get an idea of the demand for housing and storage space in Lake Worth is to look at housing occupancy and vacancy rates. Low rates of vacancy in Lake Worth housing could indicate that real estate is in short supply. Self storage units in Lake Worth may then also be in short supply, which means Lake Worth storage unit prices may be higher. 21.3% of housing units in Lake Worth are vacant according to the US Census, while 78.7% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Lake Worth may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Lake Worth than in other cities.