Finding Self Storage in Raymond, MS: Everything You Need To Know
Before beginning your self storage search in Raymond, there are a few things you should know. Raymond storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Raymond.Self Storage and Moving in Raymond, MS
If there are many people moving to or from Raymond, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Raymond by looking at the change in population. According to the US Census, the Raymond metro area's population grew from 1,940 in 2010 to 2,177 in 2014, a growth rate of 12.22%.Real Estate and Self Storage in Raymond, MS
One way to get an idea of the demand for housing and storage space in Raymond is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Raymond, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Raymond area. According to US Census estimates, 91.2% of housing units in Raymond are occupied, while the vacancy rate is at 8.8%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Raymond also have higher than average occupancy rates. High occupancy rates in Raymond will make it more difficult to find a good deal on a storage unit.