Finding Self Storage in Normal, IL: Everything You Need To Know
Just starting your Normal self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Normal, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. We used US Census data on Normal to give you a better idea of these factors.Normal, IL Self Storage and Moving
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 Normal, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Normal we can get a better idea of the amount of moving activity. The Normal metro area grew from 52,638 persons in 2010 to 54,594 persons in 2014 according to the US Census, an increase of 3.72%.The Real Estate Climate and Self Storage in Normal, IL
One way to get an idea of the demand for housing and storage space in Normal is to look at housing occupancy and vacancy rates. If housing occupancy rates in Normal are high, it's probably safe to assume that storage facility occupancy rates in Normal are also high, which would push unit prices up. 4.4% of housing units in Normal are vacant according to the US Census, while 95.6% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Normal may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Normal than in other cities.