Everything You Need to Know About Finding Self Storage in Lexington, NC
Before beginning your self storage search in Lexington, there are a few things you should know. Lexington 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Lexington.Self Storage and Moving in Lexington, NC
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 Lexington, 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 Lexington we can get a better idea of the amount of moving activity. From 2010 to 2014, the Lexington metro area population grew from 18,931 to 19,257, a growth rate of 1.72% according to the US Census.Self Storage and Real Estate in Lexington, NC
Housing occupancy and vacancy rates in Lexington can help us get a better idea of how much demand there is for living and storage space in Lexington and thus the kind of storage prices and availability we should expect to find. If there's low vacancy rates in Lexington housing, there's likely low vacancy at Lexington storage facilities. This would allow storage facilities in Lexington to charge higher prices for their units. 17.5% of housing units in Lexington are vacant according to the US Census, while 82.5% are occupied. That's a higher rate than average for US cities, suggesting storage unit occupancy in Lexington may also be higher. That might make it harder to find cheap storage in Lexington.