Just starting your Palm Beach Gardens self storage search? There are a few things you should know. Palm Beach Gardens 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 Palm Beach Gardens.
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 Palm Beach Gardens, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from Palm Beach Gardens by looking at the change in population. The Palm Beach Gardens metro area grew from 48,700 persons in 2010 to 51,919 persons in 2014 according to the US Census, an increase of 6.61%.
Vacancy and occupancy rates in the Palm Beach Gardens housing market can help us gauge the demand for living space and thus self-storage space in Palm Beach Gardens, and may hint at storage availability and pricing. If there's low vacancy rates in Palm Beach Gardens housing, there's likely low vacancy at Palm Beach Gardens storage facilities. This would allow storage facilities in Palm Beach Gardens to charge higher prices for their units. According to US Census estimates, 82.4% of housing units in Palm Beach Gardens are occupied, while the vacancy rate is at 17.6%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Palm Beach Gardens may also be higher. That might make it harder to find cheap storage in Palm Beach Gardens.
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