There are a few things you should know about Oakland City self storage before you begin your search. The pricing and availability of storage units in Oakland City 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Oakland City to help inform your Oakland City self storage search.
Many people use storage as part of their move, so if there are many people moving to Oakland City, you might expect storage prices to be higher and unit availability to be lower. We can get a good idea of whether or not many people are moving to or from Oakland City by looking at the change in population. According to the US Census, the Oakland City metro area's population grew from 2,418 in 2010 to 2,433 in 2014, a growth rate of 0.62%.
Housing occupancy and vacancy rates in Oakland City can help us get a better idea of how much demand there is for living and storage space in Oakland City and thus the kind of storage prices and availability we should expect to find. If housing occupancy rates in Oakland City are high, it's probably safe to assume that storage facility occupancy rates in Oakland City are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Oakland City are at 15.9%, while the occupancy rate is at 84.1%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Oakland City, suggesting that storage unit inventory might also be tighter in Oakland City. With fewer units available, storage facilities in Oakland City may charge higher prices.
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