Everything You Need to Know About Finding Self Storage in Livermore, CA
If you're searching for self storage in Livermore, there are a few things you should keep in mind. Livermore 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. We used US Census data on Livermore to give you a better idea of these factors.Self Storage and Moving in Livermore, CA
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Livermore, that could affect storage unit pricing and availability. By looking at population changes in Livermore, we should be able to get an idea of how many people are moving to or from the city. The Livermore metro area grew from 81,319 persons in 2010 to 86,870 persons in 2014 according to the US Census, an increase of 6.83%.The Real Estate Climate and Self Storage in Livermore, CA
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Livermore. If there's low vacancy rates in Livermore housing, there's likely low vacancy at Livermore storage facilities. This would allow storage facilities in Livermore to charge higher prices for their units. The US Census estimates that housing vacancy rates in Livermore are at 4%, while the occupancy rate is at 96%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Livermore, suggesting that storage unit inventory might also be tighter in Livermore. With fewer units available, storage facilities in Livermore may charge higher prices.