Before beginning your self storage search in Newberry, there are a few things you should know. Newberry 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. In order to give you a better idea of these factors in Newberry, we pulled in data from the US Census.
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Newberry, that could affect storage unit pricing and availability. By looking at population changes in Newberry, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Newberry grew from 4,978 in 2010 to 5,412 in 2014, which is a rate of 8.72% growth over four years.
Housing occupancy and vacancy rates in Newberry can help us get a better idea of how much demand there is for living and storage space in Newberry and thus the kind of storage prices and availability we should expect to find. If there's low vacancy rates in Newberry housing, there's likely low vacancy at Newberry storage facilities. This would allow storage facilities in Newberry to charge higher prices for their units. The US Census estimates that housing vacancy rates in Newberry are at 8.9%, while the occupancy rate is at 91.1%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Newberry may also be higher. That might make it harder to find cheap storage in Newberry.
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