Tips for Finding Self Storage in Morrisville, NC
If you're searching for self storage in Morrisville, there are a few things you should keep in mind. Morrisville 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 Morrisville to give you a better idea of these factors.Morrisville, NC Self Storage and Moving
Many people use storage as part of their move, so if there are many people moving to Morrisville, you might expect storage prices to be higher and unit availability to be lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Morrisville we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Morrisville grew from 18,800 in 2010 to 22,772 in 2014, which is a rate of 21.13% growth over four years.The Real Estate Climate and Self Storage in Morrisville, NC
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Morrisville. If there's low vacancy rates in Morrisville housing, there's likely low vacancy at Morrisville storage facilities. This would allow storage facilities in Morrisville to charge higher prices for their units. 8.6% of housing units in Morrisville are vacant according to the US Census, while 91.4% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Morrisville, suggesting that storage unit inventory might also be tighter in Morrisville. With fewer units available, storage facilities in Morrisville may charge higher prices.