Tips for Finding Self Storage in Millington, TN
Just starting your Millington self storage search? There are a few things you should know. The pricing and availability of storage units in Millington will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. The US Census keeps accurate data relating to all of these factors, so we've used their data on Millington to help inform your Millington self storage search.Moving and Storage in Millington, TN
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 Millington, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from Millington by looking at the change in population. US Census data tells us that the Millington metro area's population shrank from 11,156 in 2010 to 11,080 in 2014, a decline of -0.68%.Self Storage and Real Estate in Millington, TN
Vacancy and occupancy rates in the Millington housing market can help us gauge the demand for living space and thus self-storage space in Millington, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Millington, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Millington area. According to US Census estimates, 88.8% of housing units in Millington are occupied, while the vacancy rate is at 11.2%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Millington also have higher than average occupancy rates. High occupancy rates in Millington will make it more difficult to find a good deal on a storage unit.