Everything You Need to Know About Finding Self Storage in Mint Hill, NC
If you're searching for self storage in Mint Hill, there are a few things you should keep in mind. If you're wondering how much you should expect to pay for self storage in Mint Hill, 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. In order to give you a better idea of these factors in Mint Hill, we pulled in data from the US Census.Mint Hill, NC Self Storage and Moving
Many people use storage as part of their move, so if there are many people moving to Mint Hill, 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 Mint Hill by looking at the change in population. According to the US Census, the Mint Hill metro area's population grew from 22,857 in 2010 to 25,076 in 2014, a growth rate of 9.71%.The Relationship Between Real Estate and Self Storage in Mint Hill, NC
Vacancy and occupancy rates in the Mint Hill housing market can help us gauge the demand for living space and thus self-storage space in Mint Hill, and may hint at storage availability and pricing. If housing occupancy rates in Mint Hill are high, it's probably safe to assume that storage facility occupancy rates in Mint Hill are also high, which would push unit prices up. 6.8% of housing units in Mint Hill are vacant according to the US Census, while 93.2% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Mint Hill, suggesting that storage unit inventory might also be tighter in Mint Hill. With fewer units available, storage facilities in Mint Hill may charge higher prices.