Before beginning your self storage search in Milpitas, there are a few things you should know. Milpitas 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. In order to give you a better idea of these factors in Milpitas, we pulled in data from the US Census.
If there are many people moving to or from Milpitas, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Milpitas, we should be able to get an idea of how many people are moving to or from the city. The Milpitas metro area grew from 66,756 persons in 2010 to 73,672 persons in 2014 according to the US Census, an increase of 10.36%.
Housing occupancy and vacancy rates in Milpitas can help us get a better idea of how much demand there is for living and storage space in Milpitas and thus the kind of storage prices and availability we should expect to find. High occupancy rates can indicate a lack of housing supply in Milpitas, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Milpitas area. According to US Census estimates, 96.9% of housing units in Milpitas are occupied, while the vacancy rate is at 3.1%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Milpitas may also be higher. That might make it harder to find cheap storage in Milpitas.
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