Before beginning your self storage search in Tarpon Springs, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Tarpon Springs, 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 Tarpon Springs to give you a better idea of these factors.
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 Tarpon Springs, prices could be higher and availability lower. We can get a good idea of whether or not many people are moving to or from Tarpon Springs by looking at the change in population. From 2010 to 2014, the Tarpon Springs metro area population grew from 23,499 to 24,239, a growth rate of 3.15% according to the US Census.
Housing occupancy and vacancy rates in Tarpon Springs can help us get a better idea of how much demand there is for living and storage space in Tarpon Springs and thus the kind of storage prices and availability we should expect to find. High occupancy rates can indicate a lack of housing supply in Tarpon Springs, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Tarpon Springs area. Tarpon Springs is estimated to have a 82.4% housing occupancy rate, while the vacancy rate is at 17.6%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Tarpon Springs, suggesting that storage unit inventory might also be tighter in Tarpon Springs. With fewer units available, storage facilities in Tarpon Springs may charge higher prices.
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