Before beginning your self storage search in South Sioux City, there are a few things you should know. South Sioux City 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. In order to give you a better idea of these factors in South Sioux City, we pulled in data from the US Census.
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 South Sioux City, that could affect storage unit pricing and availability. By looking at population changes in South Sioux City, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of South Sioux City declined from 13,374 in 2010 to 13,360 in 2014, a loss of -0.1%.
Vacancy and occupancy rates in the South Sioux City housing market can help us gauge the demand for living space and thus self-storage space in South Sioux City, and may hint at storage availability and pricing. If there's low vacancy rates in South Sioux City housing, there's likely low vacancy at South Sioux City storage facilities. This would allow storage facilities in South Sioux City to charge higher prices for their units. The US Census estimates that housing vacancy rates in South Sioux City are at 4.8%, while the occupancy rate is at 95.2%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in South Sioux City may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in South Sioux City than in other cities.
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