Everything You Need to Know About Finding Self Storage in Mundelein, IL
If you're searching for self storage in Mundelein, there are a few things you should keep in mind. Storage unit prices and availability in Mundelein are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Mundelein to help inform your Mundelein self storage search.Mundelein, IL Self Storage and Moving
If there are many people moving to or from Mundelein, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Mundelein, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Mundelein metro area's population grew from 31,066 in 2010 to 31,562 in 2014, a growth rate of 1.6%.The Real Estate Climate and Self Storage in Mundelein, IL
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Mundelein. If there's low vacancy rates in Mundelein housing, there's likely low vacancy at Mundelein storage facilities. This would allow storage facilities in Mundelein to charge higher prices for their units. The US Census estimates that housing vacancy rates in Mundelein are at 4.4%, while the occupancy rate is at 95.6%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Mundelein may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Mundelein than in other cities.