Finding Self Storage in Pontiac, MI: Everything You Need To Know
Just starting your Pontiac self storage search? There are a few things you should know. Storage unit prices and availability in Pontiac are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Pontiac to help inform your Pontiac self storage search.Self Storage and Moving in Pontiac, MI
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 Pontiac, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Pontiac we can get a better idea of the amount of moving activity. According to the US Census, the Pontiac metro area's population grew from 59,488 in 2010 to 59,808 in 2014, a growth rate of 0.54%.Self Storage and Real Estate in Pontiac, MI
Housing occupancy and vacancy rates in Pontiac can help us get a better idea of how much demand there is for living and storage space in Pontiac and thus the kind of storage prices and availability we should expect to find. High occupancy rates can indicate a lack of housing supply in Pontiac, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Pontiac area. Pontiac is estimated to have a 82% housing occupancy rate, while the vacancy rate is at 18%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Pontiac also have higher than average occupancy rates. High occupancy rates in Pontiac will make it more difficult to find a good deal on a storage unit.