If you're searching for self storage in Prichard, there are a few things you should keep in mind. The pricing and availability of storage units in Prichard 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. In order to give you a better idea of these factors in Prichard, we pulled in data from the US Census.
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 Prichard, 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 Prichard we can get a better idea of the amount of moving activity. From 2010 to 2014, the Prichard metro area population fell from 22,619 to 22,312, a loss of -1.36% according to the US Census.
Vacancy and occupancy rates in the Prichard housing market can help us gauge the demand for living space and thus self-storage space in Prichard, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Prichard, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Prichard area. Prichard is estimated to have a 83.3% housing occupancy rate, while the vacancy rate is at 16.7%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Prichard may also be higher. That might make it harder to find cheap storage in Prichard.
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