Just starting your Romeoville self storage search? There are a few things you should know. Romeoville 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. In order to give you a better idea of these factors in Romeoville, we pulled in data from the US Census.
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Romeoville, prices could be higher and availability lower. By looking at population changes in Romeoville, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Romeoville metro area population grew from 39,668 to 39,679, a growth rate of 0.03% according to the US Census.
One way to get an idea of the demand for housing and storage space in Romeoville is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Romeoville housing, there's likely low vacancy at Romeoville storage facilities. This would allow storage facilities in Romeoville to charge higher prices for their units. Romeoville is estimated to have a 95% housing occupancy rate, while the vacancy rate is at 5%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Romeoville also have higher than average occupancy rates. High occupancy rates in Romeoville will make it more difficult to find a good deal on a storage unit.
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