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Finding Self Storage in Sullivan, IN: Everything You Need To Know

There are a few things you should know about Sullivan self storage before you begin your search. Sullivan 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 Sullivan, we pulled in data from the US Census.

Sullivan, IN Self Storage and Moving

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 Sullivan, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Sullivan we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Sullivan declined from 4,241 in 2010 to 4,171 in 2014, a loss of -1.65%.

The Relationship Between Real Estate and Self Storage in Sullivan, IN.

Vacancy and occupancy rates in the Sullivan housing market can help us gauge the demand for living space and thus self-storage space in Sullivan, and may hint at storage availability and pricing. If housing occupancy rates in Sullivan are high, it's probably safe to assume that storage facility occupancy rates in Sullivan are also high, which would push unit prices up. Sullivan is estimated to have a 87% housing occupancy rate, while the vacancy rate is at 13%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Sullivan also have higher than average occupancy rates. High occupancy rates in Sullivan will make it more difficult to find a good deal on a storage unit.