Tips for Finding Self Storage in Schaumburg, IL
If you're searching for self storage in Schaumburg, there are a few things you should keep in mind. Schaumburg 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Schaumburg to help inform your Schaumburg self storage search.Self Storage and Moving in Schaumburg, IL
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 Schaumburg, prices could be higher and availability lower. We can get a good idea of whether or not many people are moving to or from Schaumburg by looking at the change in population. The US Census tells us that the metro area population of Schaumburg grew from 74,282 in 2010 to 74,896 in 2014, which is a rate of 0.83% growth over four years.The Relationship Between Real Estate and Self Storage in Schaumburg, IL
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Schaumburg. If housing occupancy rates in Schaumburg are high, it's probably safe to assume that storage facility occupancy rates in Schaumburg are also high, which would push unit prices up. 6.2% of housing units in Schaumburg are vacant according to the US Census, while 93.8% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Schaumburg, suggesting that storage unit inventory might also be tighter in Schaumburg. With fewer units available, storage facilities in Schaumburg may charge higher prices.