Finding Self Storage in Taunton, MA: Everything You Need To Know
Just starting your Taunton self storage search? There are a few things you should know. Storage unit prices and availability in Taunton are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Taunton to help inform your Taunton self storage search.Taunton, MA 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 Taunton, that could affect storage unit pricing and availability. By looking at population changes in Taunton, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Taunton metro area population grew from 55,881 to 56,544, a growth rate of 1.19% according to the US Census.The Relationship Between Real Estate and Self Storage in Taunton, MA
One way to get an idea of the demand for housing and storage space in Taunton is to look at housing occupancy and vacancy rates. Low rates of vacancy in Taunton housing could indicate that real estate is in short supply. Self storage units in Taunton may then also be in short supply, which means Taunton storage unit prices may be higher. According to US Census estimates, 93.5% of housing units in Taunton are occupied, while the vacancy rate is at 6.5%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Taunton, suggesting that storage unit inventory might also be tighter in Taunton. With fewer units available, storage facilities in Taunton may charge higher prices.