Before beginning your self storage search in Machesney Park, there are a few things you should know. Machesney Park 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 Machesney Park to help inform your Machesney Park self storage search.
If there are many people moving to or from Machesney Park, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Machesney Park by looking at the change in population. The Machesney Park metro area saw its population decline from 23,492 persons in 2010 to 23,036 persons in 2014 according to the US Census, a decrease of -1.94%.
One way to get an idea of the demand for housing and storage space in Machesney Park is to look at housing occupancy and vacancy rates. If housing occupancy rates in Machesney Park are high, it's probably safe to assume that storage facility occupancy rates in Machesney Park are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Machesney Park are at 4.9%, while the occupancy rate is at 95.1%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Machesney Park, suggesting that storage unit inventory might also be tighter in Machesney Park. With fewer units available, storage facilities in Machesney Park may charge higher prices.
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