Tips for Finding Self Storage in Spring, TX
Before beginning your self storage search in Spring, there are a few things you should know. Storage unit prices and availability in Spring 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 Spring.Spring, TX Moving and Storage
If there are many people moving to or from Spring, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Spring by looking at the change in population. According to the US Census, the Spring metro area's population grew from 2,664 in 2010 to 2,756 in 2014, a growth rate of 3.45%.Self Storage and Real Estate in Spring, TX
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Spring. If there's low vacancy rates in Spring housing, there's likely low vacancy at Spring storage facilities. This would allow storage facilities in Spring to charge higher prices for their units. The US Census estimates that housing vacancy rates in Spring are at 5.9%, while the occupancy rate is at 94.1%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Spring also have higher than average occupancy rates. High occupancy rates in Spring will make it more difficult to find a good deal on a storage unit.