Everything You Need to Know About Finding Self Storage in Oxford, OH
If you're searching for self storage in Oxford, there are a few things you should keep in mind. Oxford 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Oxford to help inform your Oxford self storage search.Self Storage and Moving in Oxford, OH
Many people use storage as part of their move, so if there are many people moving to Oxford, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Oxford, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Oxford metro area population grew from 21,649 to 21,782, a growth rate of 0.61% according to the US Census.Real Estate and Self Storage in Oxford, OH
One way to get an idea of the demand for housing and storage space in Oxford is to look at housing occupancy and vacancy rates. If housing occupancy rates in Oxford are high, it's probably safe to assume that storage facility occupancy rates in Oxford are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Oxford are at 12.4%, while the occupancy rate is at 87.6%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Oxford, suggesting that storage unit inventory might also be tighter in Oxford. With fewer units available, storage facilities in Oxford may charge higher prices.