If you're searching for self storage in North Port, there are a few things you should keep in mind. The pricing and availability of storage units in North Port will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. In order to give you a better idea of these factors in North Port, we pulled in data from the US Census.
Many people use storage as part of their move, so if there are many people moving to North Port, you might expect storage prices to be higher and unit availability to be lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for North Port we can get a better idea of the amount of moving activity. According to the US Census, the North Port metro area's population grew from 57,406 in 2010 to 60,380 in 2014, a growth rate of 5.18%.
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in North Port. If there's low vacancy rates in North Port housing, there's likely low vacancy at North Port storage facilities. This would allow storage facilities in North Port to charge higher prices for their units. The US Census estimates that housing vacancy rates in North Port are at 19.8%, while the occupancy rate is at 80.2%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in North Port, suggesting that storage unit inventory might also be tighter in North Port. With fewer units available, storage facilities in North Port may charge higher prices.
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