Finding Self Storage in Topeka, KS: Top Tips
Just starting your Topeka self storage search? There are a few things you should know. Storage unit prices and availability in Topeka are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Topeka.Self Storage and Moving in Topeka, KS
Many people use storage as part of their move, so if there are many people moving to Topeka, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Topeka, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Topeka declined from 127,692 in 2010 to 127,215 in 2014, a loss of -0.37%.The Relationship Between Real Estate and Self Storage in Topeka, KS
Vacancy and occupancy rates in the Topeka housing market can help us gauge the demand for living space and thus self-storage space in Topeka, and may hint at storage availability and pricing. If housing occupancy rates in Topeka are high, it's probably safe to assume that storage facility occupancy rates in Topeka are also high, which would push unit prices up. According to US Census estimates, 90.5% of housing units in Topeka are occupied, while the vacancy rate is at 9.5%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Topeka also have higher than average occupancy rates. High occupancy rates in Topeka will make it more difficult to find a good deal on a storage unit.