Tips for Finding Self Storage in Troy, NY
There are a few things you should know about Troy self storage before you begin your search. Troy storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. The US Census keeps accurate data relating to all of these factors, so we've used their data on Troy to help inform your Troy self storage search.Troy, NY 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 Troy, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Troy we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Troy declined from 50,064 in 2010 to 49,910 in 2014, a loss of -0.31%.The Relationship Between Real Estate and Self Storage in Troy, NY
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Troy. If housing occupancy rates in Troy are high, it's probably safe to assume that storage facility occupancy rates in Troy are also high, which would push unit prices up. Troy is estimated to have a 87.4% housing occupancy rate, while the vacancy rate is at 12.6%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Troy also have higher than average occupancy rates. High occupancy rates in Troy will make it more difficult to find a good deal on a storage unit.