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Finding Self Storage in Muscle Shoals, AL: Everything You Need To Know

Just starting your Muscle Shoals self storage search? There are a few things you should know. Storage unit prices and availability in Muscle Shoals are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Muscle Shoals.

Muscle Shoals, AL Self Storage and Moving

Many people use storage as part of their move, so if there are many people moving to Muscle Shoals, you might expect storage prices to be higher and unit availability to be lower. Population changes over time are one way of gauging the amount of moving activity in Muscle Shoals. The Muscle Shoals metro area grew from 13,197 persons in 2010 to 13,614 persons in 2014 according to the US Census, an increase of 3.16%.

The Relationship Between Real Estate and Self Storage in Muscle Shoals, AL.

Housing occupancy and vacancy rates in Muscle Shoals can help us get a better idea of how much demand there is for living and storage space in Muscle Shoals and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Muscle Shoals housing could indicate that real estate is in short supply. Self storage units in Muscle Shoals may then also be in short supply, which means Muscle Shoals storage unit prices may be higher. 5.9% of housing units in Muscle Shoals are vacant according to the US Census, while 94.1% are occupied. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Muscle Shoals also have higher than average occupancy rates. High occupancy rates in Muscle Shoals will make it more difficult to find a good deal on a storage unit.