Everything You Need to Know About Finding Self Storage in North Salt Lake, UT
If you're searching for self storage in North Salt Lake, there are a few things you should keep in mind. Storage unit prices and availability in North Salt Lake are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in North Salt Lake.North Salt Lake, UT 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 North Salt Lake, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from North Salt Lake by looking at the change in population. The US Census tells us that the metro area population of North Salt Lake grew from 16,448 in 2010 to 19,193 in 2014, which is a rate of 16.69% growth over four years.Self Storage and Real Estate in North Salt Lake, UT
One way to get an idea of the demand for housing and storage space in North Salt Lake is to look at housing occupancy and vacancy rates. If housing occupancy rates in North Salt Lake are high, it's probably safe to assume that storage facility occupancy rates in North Salt Lake are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in North Salt Lake are at 5.1%, while the occupancy rate is at 94.9%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in North Salt Lake may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in North Salt Lake than in other cities.