Finding Self Storage in Shakopee, MN: Top Tips
Before beginning your self storage search in Shakopee, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Shakopee, 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 Shakopee to help inform your Shakopee self storage search.Shakopee, MN Self Storage and Moving
If there are many people moving to or from Shakopee, 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 Shakopee, 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 Shakopee grew from 37,360 in 2010 to 39,677 in 2014, which is a rate of 6.2% growth over four years.The Real Estate Climate and Self Storage in Shakopee, MN
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Shakopee. High occupancy rates can indicate a lack of housing supply in Shakopee, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Shakopee area. 4.3% of housing units in Shakopee are vacant according to the US Census, while 95.7% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Shakopee, suggesting that storage unit inventory might also be tighter in Shakopee. With fewer units available, storage facilities in Shakopee may charge higher prices.