Finding Self Storage in Reading, PA: Everything You Need To Know
Just starting your Reading self storage search? There are a few things you should know. Reading 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 Reading.Reading, PA Self Storage and Moving
If there are many people moving to or from Reading, 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 Reading by looking at the change in population. The US Census tells us that the metro area population of Reading declined from 88,083 in 2010 to 87,812 in 2014, a loss of -0.31%.Self Storage and Real Estate in Reading, PA
Housing occupancy and vacancy rates in Reading can help us get a better idea of how much demand there is for living and storage space in Reading and thus the kind of storage prices and availability we should expect to find. If there's low vacancy rates in Reading housing, there's likely low vacancy at Reading storage facilities. This would allow storage facilities in Reading to charge higher prices for their units. 12.4% of housing units in Reading are vacant according to the US Census, while 87.6% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Reading, suggesting that storage unit inventory might also be tighter in Reading. With fewer units available, storage facilities in Reading may charge higher prices.