Just starting your Rosemead self storage search? There are a few things you should know. Storage unit prices and availability in Rosemead are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Rosemead to help inform your Rosemead self storage search.
If there are many people moving to or from Rosemead, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Rosemead, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Rosemead grew from 53,824 in 2010 to 54,947 in 2014, which is a rate of 2.09% growth over four years.
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Rosemead. Low rates of vacancy in Rosemead housing could indicate that real estate is in short supply. Self storage units in Rosemead may then also be in short supply, which means Rosemead storage unit prices may be higher. Rosemead is estimated to have a 96.2% housing occupancy rate, while the vacancy rate is at 3.8%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Rosemead may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Rosemead than in other cities.
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