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Everything You Need to Know About Finding Self Storage in Smithfield, NC

If you're searching for self storage in Smithfield, there are a few things you should keep in mind. If you're wondering how much you should expect to pay for self storage in Smithfield, 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Smithfield.

Smithfield, NC Self Storage and Moving

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 Smithfield, prices could be higher and availability lower. Population changes over time are one way of gauging the amount of moving activity in Smithfield. The Smithfield metro area grew from 11,009 persons in 2010 to 11,735 persons in 2014 according to the US Census, an increase of 6.59%.

The Real Estate Climate and Self Storage in Smithfield, NC

One way to get an idea of the demand for housing and storage space in Smithfield is to look at housing occupancy and vacancy rates. If housing occupancy rates in Smithfield are high, it's probably safe to assume that storage facility occupancy rates in Smithfield are also high, which would push unit prices up. According to US Census estimates, 90.3% of housing units in Smithfield are occupied, while the vacancy rate is at 9.7%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Smithfield may also be higher. That might make it harder to find cheap storage in Smithfield.