Just starting your Peachtree City self storage search? There are a few things you should know. Peachtree City 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. In order to give you a better idea of these factors in Peachtree City, we pulled in data from the US Census.
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 Peachtree City, that could affect storage unit pricing and availability. By looking at population changes in Peachtree City, 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 Peachtree City grew from 34,512 in 2010 to 35,063 in 2014, which is a rate of 1.6% growth over four years.
Vacancy and occupancy rates in the Peachtree City housing market can help us gauge the demand for living space and thus self-storage space in Peachtree City, and may hint at storage availability and pricing. Low rates of vacancy in Peachtree City housing could indicate that real estate is in short supply. Self storage units in Peachtree City may then also be in short supply, which means Peachtree City storage unit prices may be higher. According to US Census estimates, 94% of housing units in Peachtree City are occupied, while the vacancy rate is at 6%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Peachtree City, suggesting that storage unit inventory might also be tighter in Peachtree City. With fewer units available, storage facilities in Peachtree City may charge higher prices.
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