Everything You Need to Know About Finding Self Storage in North Aurora, IL
Before beginning your self storage search in North Aurora, there are a few things you should know. North Aurora 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. We used US Census data on North Aurora to give you a better idea of these factors.Self Storage and Moving in North Aurora, IL
If there are many people moving to or from North Aurora, 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 North Aurora by looking at the change in population. The US Census tells us that the metro area population of North Aurora grew from 16,757 in 2010 to 17,342 in 2014, which is a rate of 3.49% growth over four years.Real Estate and Self Storage in North Aurora, IL
Housing occupancy and vacancy rates in North Aurora can help us get a better idea of how much demand there is for living and storage space in North Aurora and thus the kind of storage prices and availability we should expect to find. High occupancy rates can indicate a lack of housing supply in North Aurora, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the North Aurora area. North Aurora is estimated to have a 96% housing occupancy rate, while the vacancy rate is at 4%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in North Aurora, suggesting that storage unit inventory might also be tighter in North Aurora. With fewer units available, storage facilities in North Aurora may charge higher prices.
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