Tips for Finding Self Storage in South Burlington, VT
Before beginning your self storage search in South Burlington, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in South Burlington, 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 South Burlington.South Burlington, VT Moving and Storage
Many people use storage as part of their move, so if there are many people moving to South Burlington, you might expect storage prices to be higher and unit availability to be lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for South Burlington we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of South Burlington grew from 17,954 in 2010 to 18,743 in 2014, which is a rate of 4.39% growth over four years.The Real Estate Climate and Self Storage in South Burlington, VT
Housing occupancy and vacancy rates in South Burlington can help us get a better idea of how much demand there is for living and storage space in South Burlington and thus the kind of storage prices and availability we should expect to find. If housing occupancy rates in South Burlington are high, it's probably safe to assume that storage facility occupancy rates in South Burlington are also high, which would push unit prices up. South Burlington is estimated to have a 94.8% housing occupancy rate, while the vacancy rate is at 5.2%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in South Burlington, suggesting that storage unit inventory might also be tighter in South Burlington. With fewer units available, storage facilities in South Burlington may charge higher prices.