There are a few things you should know about Shelbyville self storage before you begin your search. Storage unit prices and availability in Shelbyville are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. We used US Census data on Shelbyville to give you a better idea of these factors.
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 Shelbyville, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Shelbyville we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Shelbyville grew from 19,113 in 2010 to 19,163 in 2014, which is a rate of 0.26% growth over four years.
One way to get an idea of the demand for housing and storage space in Shelbyville is to look at housing occupancy and vacancy rates. If housing occupancy rates in Shelbyville are high, it's probably safe to assume that storage facility occupancy rates in Shelbyville are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Shelbyville are at 11.3%, while the occupancy rate is at 88.7%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Shelbyville may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Shelbyville than in other cities.
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