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Finding Self Storage in Spring Valley, NY: Top Tips

Just starting your Spring Valley self storage search? There are a few things you should know. Storage unit prices and availability in Spring Valley are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. We used US Census data on Spring Valley to give you a better idea of these factors.

Self Storage and Moving in Spring Valley, NY

One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Spring Valley, prices could be higher and availability lower. Population changes over time are one way of gauging the amount of moving activity in Spring Valley. According to the US Census, the Spring Valley metro area's population grew from 31,394 in 2010 to 32,510 in 2014, a growth rate of 3.55%.

The Relationship Between Real Estate and Self Storage in Spring Valley, NY.

Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Spring Valley. Low rates of vacancy in Spring Valley housing could indicate that real estate is in short supply. Self storage units in Spring Valley may then also be in short supply, which means Spring Valley storage unit prices may be higher. 6.6% of housing units in Spring Valley are vacant according to the US Census, while 93.4% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Spring Valley, suggesting that storage unit inventory might also be tighter in Spring Valley. With fewer units available, storage facilities in Spring Valley may charge higher prices.