Everything You Need to Know About Finding Self Storage in Sullivan, MO
Before beginning your self storage search in Sullivan, there are a few things you should know. The pricing and availability of storage units in Sullivan 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 Sullivan, we pulled in data from the US Census.Sullivan, MO Self Storage and Moving
If there are many people moving to or from Sullivan, 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 Sullivan we can get a better idea of the amount of moving activity. From 2010 to 2014, the Sullivan metro area population fell from 7,096 to 7,054, a loss of -0.59% according to the US Census.Real Estate and Self Storage in Sullivan, MO
One way to get an idea of the demand for housing and storage space in Sullivan is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Sullivan housing, there's likely low vacancy at Sullivan storage facilities. This would allow storage facilities in Sullivan to charge higher prices for their units. According to US Census estimates, 90.2% of housing units in Sullivan are occupied, while the vacancy rate is at 9.8%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Sullivan, suggesting that storage unit inventory might also be tighter in Sullivan. With fewer units available, storage facilities in Sullivan may charge higher prices.