Just starting your Oakley self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Oakley, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Oakley.
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 Oakley, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in Oakley. The US Census tells us that the metro area population of Oakley grew from 35,683 in 2010 to 39,224 in 2014, which is a rate of 9.92% growth over four years.
Housing occupancy and vacancy rates in Oakley can help us get a better idea of how much demand there is for living and storage space in Oakley and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Oakley housing could indicate that real estate is in short supply. Self storage units in Oakley may then also be in short supply, which means Oakley storage unit prices may be higher. The US Census estimates that housing vacancy rates in Oakley are at 6.6%, while the occupancy rate is at 93.4%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Oakley may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Oakley than in other cities.
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