Everything You Need to Know About Finding Self Storage in Plymouth, MI
Before beginning your self storage search in Plymouth, there are a few things you should know. The pricing and availability of storage units in Plymouth will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Plymouth.Moving and Storage in Plymouth, MI
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 Plymouth, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Plymouth we can get a better idea of the amount of moving activity. The Plymouth metro area saw its population decline from 9,112 persons in 2010 to 8,933 persons in 2014 according to the US Census, a decrease of -1.96%.The Real Estate Climate and Self Storage in Plymouth, MI
Housing occupancy and vacancy rates in Plymouth can help us get a better idea of how much demand there is for living and storage space in Plymouth and thus the kind of storage prices and availability we should expect to find. If housing occupancy rates in Plymouth are high, it's probably safe to assume that storage facility occupancy rates in Plymouth are also high, which would push unit prices up. According to US Census estimates, 92.7% of housing units in Plymouth are occupied, while the vacancy rate is at 7.3%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Plymouth, suggesting that storage unit inventory might also be tighter in Plymouth. With fewer units available, storage facilities in Plymouth may charge higher prices.