There are a few things you should know about Plantation self storage before you begin your search. Storage unit prices and availability in Plantation are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Plantation.
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 Plantation, 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 Plantation by looking at the change in population. The Plantation metro area grew from 85,368 persons in 2010 to 91,457 persons in 2014 according to the US Census, an increase of 7.13%.
One way to get an idea of the demand for housing and storage space in Plantation is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Plantation housing, there's likely low vacancy at Plantation storage facilities. This would allow storage facilities in Plantation to charge higher prices for their units. The US Census estimates that housing vacancy rates in Plantation are at 9%, while the occupancy rate is at 91%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Plantation may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Plantation than in other cities.
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