Just starting your Pekin self storage search? There are a few things you should know. Pekin 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 Pekin to help inform your Pekin self storage search.
Many people use storage as part of their move, so if there are many people moving to Pekin, you might expect storage prices to be higher and unit availability to be lower. Population changes over time are one way of gauging the amount of moving activity in Pekin. The Pekin metro area saw its population decline from 34,087 persons in 2010 to 33,824 persons in 2014 according to the US Census, a decrease of -0.77%.
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Pekin. If housing occupancy rates in Pekin are high, it's probably safe to assume that storage facility occupancy rates in Pekin are also high, which would push unit prices up. According to US Census estimates, 93.9% of housing units in Pekin are occupied, while the vacancy rate is at 6.1%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Pekin also have higher than average occupancy rates. High occupancy rates in Pekin will make it more difficult to find a good deal on a storage unit.
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