Everything You Need to Know About Finding Self Storage in Martinsburg, WV
Before beginning your self storage search in Martinsburg, there are a few things you should know. Storage unit prices and availability in Martinsburg are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. In order to give you a better idea of these factors in Martinsburg, we pulled in data from the US Census.Martinsburg, WV Self Storage and Moving
Many people use storage as part of their move, so if there are many people moving to Martinsburg, you might expect storage prices to be higher and unit availability to be lower. Population changes over time are one way of gauging the amount of moving activity in Martinsburg. The US Census tells us that the metro area population of Martinsburg grew from 17,280 in 2010 to 17,743 in 2014, which is a rate of 2.68% growth over four years.The Real Estate Climate and Self Storage in Martinsburg, WV
Housing occupancy and vacancy rates in Martinsburg can help us get a better idea of how much demand there is for living and storage space in Martinsburg and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Martinsburg housing could indicate that real estate is in short supply. Self storage units in Martinsburg may then also be in short supply, which means Martinsburg storage unit prices may be higher. According to US Census estimates, 86.7% of housing units in Martinsburg are occupied, while the vacancy rate is at 13.3%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Martinsburg also have higher than average occupancy rates. High occupancy rates in Martinsburg will make it more difficult to find a good deal on a storage unit.