Everything You Need to Know About Finding Self Storage in Pensacola, FL
There are a few things you should know about Pensacola self storage before you begin your search. Storage unit prices and availability in Pensacola 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 Pensacola, we pulled in data from the US Census.Self Storage and Moving in Pensacola, FL
If there are many people moving to or from Pensacola, prices could be higher than in other cities. That's because self storage if often used as part of a home move. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Pensacola we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Pensacola grew from 52,034 in 2010 to 53,068 in 2014, which is a rate of 1.99% growth over four years.The Real Estate Climate and Self Storage in Pensacola, FL
Vacancy and occupancy rates in the Pensacola housing market can help us gauge the demand for living space and thus self-storage space in Pensacola, and may hint at storage availability and pricing. Low rates of vacancy in Pensacola housing could indicate that real estate is in short supply. Self storage units in Pensacola may then also be in short supply, which means Pensacola storage unit prices may be higher. The US Census estimates that housing vacancy rates in Pensacola are at 12.1%, while the occupancy rate is at 87.9%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Pensacola may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Pensacola than in other cities.