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Finding Self Storage in Morganton, NC: Top Tips

There are a few things you should know about Morganton self storage before you begin your search. Morganton 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 Morganton, we pulled in data from the US Census.

Morganton, NC Moving and Storage

Many people use storage as part of their move, so if there are many people moving to Morganton, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Morganton, we should be able to get an idea of how many people are moving to or from the city. US Census data tells us that the Morganton metro area's population shrank from 16,877 in 2010 to 16,690 in 2014, a decline of -1.11%.

The Relationship Between Real Estate and Self Storage in Morganton, NC.

Housing occupancy and vacancy rates in Morganton can help us get a better idea of how much demand there is for living and storage space in Morganton and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Morganton housing could indicate that real estate is in short supply. Self storage units in Morganton may then also be in short supply, which means Morganton storage unit prices may be higher. Morganton is estimated to have a 87.2% housing occupancy rate, while the vacancy rate is at 12.8%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Morganton, suggesting that storage unit inventory might also be tighter in Morganton. With fewer units available, storage facilities in Morganton may charge higher prices.