Finding Self Storage in Sonora, CA: Everything You Need To Know
If you're searching for self storage in Sonora, there are a few things you should keep in mind. Storage unit prices and availability in Sonora are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Sonora.Self Storage and Moving in Sonora, CA
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 Sonora, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in Sonora. The US Census tells us that the metro area population of Sonora declined from 4,897 in 2010 to 4,802 in 2014, a loss of -1.94%.Real Estate and Self Storage in Sonora, CA
One way to get an idea of the demand for housing and storage space in Sonora is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Sonora, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Sonora area. Sonora is estimated to have a 89.3% housing occupancy rate, while the vacancy rate is at 10.7%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Sonora may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Sonora than in other cities.