Finding Self Storage in Smiths Grove, KY: Everything You Need To Know
Just starting your Smiths Grove self storage search? There are a few things you should know. Smiths Grove 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Smiths Grove.Moving and Storage in Smiths Grove, KY
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Smiths Grove, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from Smiths Grove by looking at the change in population. The Smiths Grove metro area grew from 715 persons in 2010 to 719 persons in 2014 according to the US Census, an increase of 0.56%.The Relationship Between Real Estate and Self Storage in Smiths Grove, KY
One way to get an idea of the demand for housing and storage space in Smiths Grove is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Smiths Grove, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Smiths Grove area. The US Census estimates that housing vacancy rates in Smiths Grove are at 9.7%, while the occupancy rate is at 90.3%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Smiths Grove may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Smiths Grove than in other cities.