Finding Self Storage in Monroe, NC: Everything You Need To Know
Just starting your Monroe self storage search? There are a few things you should know. Monroe 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. We used US Census data on Monroe to give you a better idea of these factors.Moving and Storage in Monroe, NC
Many people use storage as part of their move, so if there are many people moving to Monroe, 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 Monroe. The US Census tells us that the metro area population of Monroe grew from 32,892 in 2010 to 34,331 in 2014, which is a rate of 4.37% growth over four years.The Relationship Between Real Estate and Self Storage in Monroe, NC
Housing occupancy and vacancy rates in Monroe can help us get a better idea of how much demand there is for living and storage space in Monroe and thus the kind of storage prices and availability we should expect to find. If housing occupancy rates in Monroe are high, it's probably safe to assume that storage facility occupancy rates in Monroe are also high, which would push unit prices up. Monroe is estimated to have a 89.9% housing occupancy rate, while the vacancy rate is at 10.1%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Monroe also have higher than average occupancy rates. High occupancy rates in Monroe will make it more difficult to find a good deal on a storage unit.