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Finding Self Storage in Shorewood, IL: Top Tips

There are a few things you should know about Shorewood self storage before you begin your search. Storage unit prices and availability in Shorewood 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 Shorewood to help inform your Shorewood self storage search.

Moving and Storage in Shorewood, 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 Shorewood, prices could be higher and availability lower. We can get a good idea of whether or not many people are moving to or from Shorewood by looking at the change in population. The US Census tells us that the metro area population of Shorewood grew from 15,692 in 2010 to 16,569 in 2014, which is a rate of 5.59% growth over four years.

The Relationship Between Real Estate and Self Storage in Shorewood, IL.

Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Shorewood. Low rates of vacancy in Shorewood housing could indicate that real estate is in short supply. Self storage units in Shorewood may then also be in short supply, which means Shorewood storage unit prices may be higher. Shorewood is estimated to have a 96.3% housing occupancy rate, while the vacancy rate is at 3.7%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Shorewood may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Shorewood than in other cities.