There are a few things you should know about South Chicago Heights self storage before you begin your search. Storage unit prices and availability in South Chicago Heights are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. In order to give you a better idea of these factors in South Chicago Heights, we pulled in data from the US Census.
If there are many people moving to or from South Chicago Heights, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in South Chicago Heights, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the South Chicago Heights metro area's population grew from 4,141 in 2010 to 4,157 in 2014, a growth rate of 0.39%.
Housing occupancy and vacancy rates in South Chicago Heights can help us get a better idea of how much demand there is for living and storage space in South Chicago Heights and thus the kind of storage prices and availability we should expect to find. If housing occupancy rates in South Chicago Heights are high, it's probably safe to assume that storage facility occupancy rates in South Chicago Heights are also high, which would push unit prices up. 8.4% of housing units in South Chicago Heights are vacant according to the US Census, while 91.6% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in South Chicago Heights, suggesting that storage unit inventory might also be tighter in South Chicago Heights. With fewer units available, storage facilities in South Chicago Heights may charge higher prices.
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