If you're searching for self storage in Morrow, there are a few things you should keep in mind. Morrow 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Morrow to help inform your Morrow self storage search.
Many people use storage as part of their move, so if there are many people moving to Morrow, 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 Morrow we can get a better idea of the amount of moving activity. From 2010 to 2014, the Morrow metro area population grew from 6,593 to 7,167, a growth rate of 8.71% according to the US Census.
One way to get an idea of the demand for housing and storage space in Morrow is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Morrow housing, there's likely low vacancy at Morrow storage facilities. This would allow storage facilities in Morrow to charge higher prices for their units. Morrow is estimated to have a 81.2% housing occupancy rate, while the vacancy rate is at 18.8%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Morrow, suggesting that storage unit inventory might also be tighter in Morrow. With fewer units available, storage facilities in Morrow may charge higher prices.
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