Everything You Need to Know About Finding Self Storage in Port Arthur, TX
If you're searching for self storage in Port Arthur, there are a few things you should keep in mind. Storage unit prices and availability in Port Arthur 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 Port Arthur to help inform your Port Arthur self storage search.Moving and Storage in Port Arthur, TX
If there are many people moving to or from Port Arthur, 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 Port Arthur we can get a better idea of the amount of moving activity. From 2010 to 2014, the Port Arthur metro area population grew from 54,516 to 54,548, a growth rate of 0.06% according to the US Census.The Real Estate Climate and Self Storage in Port Arthur, TX
One way to get an idea of the demand for housing and storage space in Port Arthur is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Port Arthur housing, there's likely low vacancy at Port Arthur storage facilities. This would allow storage facilities in Port Arthur to charge higher prices for their units. 14.4% of housing units in Port Arthur are vacant according to the US Census, while 85.6% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Port Arthur, suggesting that storage unit inventory might also be tighter in Port Arthur. With fewer units available, storage facilities in Port Arthur may charge higher prices.