Just starting your Livingston self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Livingston, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. The US Census keeps accurate data relating to all of these factors, so we've used their data on Livingston to help inform your Livingston self storage search.
Many people use storage as part of their move, so if there are many people moving to Livingston, you might expect storage prices to be higher and unit availability to be lower. We can get a good idea of whether or not many people are moving to or from Livingston by looking at the change in population. According to the US Census, the Livingston metro area's population grew from 13,076 in 2010 to 13,815 in 2014, a growth rate of 5.65%.
One way to get an idea of the demand for housing and storage space in Livingston is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Livingston, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Livingston area. 4.9% of housing units in Livingston are vacant according to the US Census, while 95.1% are occupied. That's a higher rate than average for US cities, suggesting storage unit occupancy in Livingston may also be higher. That might make it harder to find cheap storage in Livingston.
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