Everything You Need to Know About Finding Self Storage in Pelham, AL
Before beginning your self storage search in Pelham, there are a few things you should know. Storage unit prices and availability in Pelham are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. In order to give you a better idea of these factors in Pelham, we pulled in data from the US Census.Moving and Storage in Pelham, AL
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Pelham, prices could be higher and availability lower. We can get a good idea of whether or not many people are moving to or from Pelham by looking at the change in population. According to the US Census, the Pelham metro area's population grew from 21,545 in 2010 to 22,699 in 2014, a growth rate of 5.36%.Self Storage and Real Estate in Pelham, AL
One way to get an idea of the demand for housing and storage space in Pelham is to look at housing occupancy and vacancy rates. Low rates of vacancy in Pelham housing could indicate that real estate is in short supply. Self storage units in Pelham may then also be in short supply, which means Pelham storage unit prices may be higher. The US Census estimates that housing vacancy rates in Pelham are at 4.6%, while the occupancy rate is at 95.4%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Pelham may also be higher. That might make it harder to find cheap storage in Pelham.