Everything You Need to Know About Finding Self Storage in Murray, UT
Before beginning your self storage search in Murray, there are a few things you should know. Storage unit prices and availability in Murray 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 Murray to help inform your Murray self storage search.Murray, UT Self Storage and Moving
If there are many people moving to or from Murray, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Murray by looking at the change in population. According to the US Census, the Murray metro area's population grew from 46,727 in 2010 to 48,822 in 2014, a growth rate of 4.48%.The Relationship Between Real Estate and Self Storage in Murray, UT
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Murray. If there's low vacancy rates in Murray housing, there's likely low vacancy at Murray storage facilities. This would allow storage facilities in Murray to charge higher prices for their units. Murray is estimated to have a 95% housing occupancy rate, while the vacancy rate is at 5%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Murray also have higher than average occupancy rates. High occupancy rates in Murray will make it more difficult to find a good deal on a storage unit.