Everything You Need to Know About Finding Self Storage in South Jordan, UT
Just starting your South Jordan self storage search? There are a few things you should know. The pricing and availability of storage units in South Jordan will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. In order to give you a better idea of these factors in South Jordan, we pulled in data from the US Census.Moving and Storage in South Jordan, UT
If there are many people moving to or from South Jordan, prices could be higher than in other cities. That's because self storage if often used as part of a home move. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for South Jordan we can get a better idea of the amount of moving activity. The South Jordan metro area grew from 51,253 persons in 2010 to 62,781 persons in 2014 according to the US Census, an increase of 22.49%.Real Estate and Self Storage in South Jordan, UT
Vacancy and occupancy rates in the South Jordan housing market can help us gauge the demand for living space and thus self-storage space in South Jordan, and may hint at storage availability and pricing. If housing occupancy rates in South Jordan are high, it's probably safe to assume that storage facility occupancy rates in South Jordan are also high, which would push unit prices up. According to US Census estimates, 95.9% of housing units in South Jordan are occupied, while the vacancy rate is at 4.1%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in South Jordan, suggesting that storage unit inventory might also be tighter in South Jordan. With fewer units available, storage facilities in South Jordan may charge higher prices.