Before beginning your self storage search in Tamarac, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Tamarac, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. We used US Census data on Tamarac to give you a better idea of these factors.
If there are many people moving to or from Tamarac, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Tamarac, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Tamarac metro area population grew from 60,678 to 63,793, a growth rate of 5.13% according to the US Census.
One way to get an idea of the demand for housing and storage space in Tamarac is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Tamarac, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Tamarac area. According to US Census estimates, 86.6% of housing units in Tamarac are occupied, while the vacancy rate is at 13.4%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Tamarac, suggesting that storage unit inventory might also be tighter in Tamarac. With fewer units available, storage facilities in Tamarac may charge higher prices.
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