Finding Self Storage in Lavon, TX: Everything You Need To Know
There are a few things you should know about Lavon self storage before you begin your search. The pricing and availability of storage units in Lavon will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. We used US Census data on Lavon to give you a better idea of these factors.Lavon, TX 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 Lavon, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Lavon we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Lavon grew from 2,228 in 2010 to 2,600 in 2014, which is a rate of 16.7% growth over four years.The Relationship Between Real Estate and Self Storage in Lavon, TX
One way to get an idea of the demand for housing and storage space in Lavon is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Lavon, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Lavon area. Lavon is estimated to have a 95% housing occupancy rate, while the vacancy rate is at 5%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Lavon, suggesting that storage unit inventory might also be tighter in Lavon. With fewer units available, storage facilities in Lavon may charge higher prices.