Tips for Finding Self Storage in Northlake, IL
If you're searching for self storage in Northlake, there are a few things you should keep in mind. Storage unit prices and availability in Northlake are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Northlake to help inform your Northlake self storage search.Self Storage and Moving in Northlake, IL
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 Northlake, that could affect storage unit pricing and availability. By looking at population changes in Northlake, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Northlake grew from 12,333 in 2010 to 12,372 in 2014, which is a rate of 0.32% growth over four years.Self Storage and Real Estate in Northlake, IL
One way to get an idea of the demand for housing and storage space in Northlake is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Northlake housing, there's likely low vacancy at Northlake storage facilities. This would allow storage facilities in Northlake to charge higher prices for their units. Northlake is estimated to have a 93.2% housing occupancy rate, while the vacancy rate is at 6.8%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Northlake may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Northlake than in other cities.