Tips for Finding Self Storage in New Kensington, PA
Before beginning your self storage search in New Kensington, there are a few things you should know. New Kensington 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 New Kensington to help inform your New Kensington self storage search.Self Storage and Moving in New Kensington, PA
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from New Kensington, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for New Kensington we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of New Kensington declined from 13,103 in 2010 to 12,796 in 2014, a loss of -2.34%.The Real Estate Climate and Self Storage in New Kensington, PA
One way to get an idea of the demand for housing and storage space in New Kensington is to look at housing occupancy and vacancy rates. If housing occupancy rates in New Kensington are high, it's probably safe to assume that storage facility occupancy rates in New Kensington are also high, which would push unit prices up. According to US Census estimates, 86.5% of housing units in New Kensington are occupied, while the vacancy rate is at 13.5%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in New Kensington, suggesting that storage unit inventory might also be tighter in New Kensington. With fewer units available, storage facilities in New Kensington may charge higher prices.