Finding Self Storage in Northborough, MA: Everything You Need To Know
There are a few things you should know about Northborough self storage before you begin your search. Northborough 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Northborough.Self Storage and Moving in Northborough, MA
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 Northborough, that could affect storage unit pricing and availability. By looking at population changes in Northborough, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Northborough metro area population grew from 14,388 to 14,834, a growth rate of 3.1% according to the US Census.The Relationship Between Real Estate and Self Storage in Northborough, MA
Housing occupancy and vacancy rates in Northborough can help us get a better idea of how much demand there is for living and storage space in Northborough and thus the kind of storage prices and availability we should expect to find. If there's low vacancy rates in Northborough housing, there's likely low vacancy at Northborough storage facilities. This would allow storage facilities in Northborough to charge higher prices for their units. The US Census estimates that housing vacancy rates in Northborough are at 4.2%, while the occupancy rate is at 95.8%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Northborough also have higher than average occupancy rates. High occupancy rates in Northborough will make it more difficult to find a good deal on a storage unit.