Just starting your Tinley Park self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Tinley Park, 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Tinley Park.
Many people use storage as part of their move, so if there are many people moving to Tinley Park, you might expect storage prices to be higher and unit availability to be lower. Population changes over time are one way of gauging the amount of moving activity in Tinley Park. The US Census tells us that the metro area population of Tinley Park grew from 56,789 in 2010 to 57,280 in 2014, which is a rate of 0.86% growth over four years.
Housing occupancy and vacancy rates in Tinley Park can help us get a better idea of how much demand there is for living and storage space in Tinley Park and thus the kind of storage prices and availability we should expect to find. If there's low vacancy rates in Tinley Park housing, there's likely low vacancy at Tinley Park storage facilities. This would allow storage facilities in Tinley Park to charge higher prices for their units. Tinley Park is estimated to have a 96.3% housing occupancy rate, while the vacancy rate is at 3.7%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Tinley Park may also be higher. That might make it harder to find cheap storage in Tinley Park.