Finding Self Storage in Raymond, WA: Everything You Need To Know
Before beginning your self storage search in Raymond, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Raymond, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. The US Census keeps accurate data relating to all of these factors, so we've used their data on Raymond to help inform your Raymond self storage search.Moving and Storage in Raymond, WA
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 Raymond, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in Raymond. The US Census tells us that the metro area population of Raymond declined from 2,877 in 2010 to 2,787 in 2014, a loss of -3.13%.The Real Estate Climate and Self Storage in Raymond, WA
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. Raymond is estimated to have a 90% housing occupancy rate, while the vacancy rate is at 10%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Raymond, suggesting that storage unit inventory might also be tighter in Raymond. With fewer units available, storage facilities in Raymond may charge higher prices.