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Finding Self Storage in Tumwater, WA: Everything You Need To Know

Before beginning your self storage search in Tumwater, there are a few things you should know. The pricing and availability of storage units in Tumwater will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. In order to give you a better idea of these factors in Tumwater, we pulled in data from the US Census.

Tumwater, WA Moving and Storage

Many people use storage as part of their move, so if there are many people moving to Tumwater, you might expect storage prices to be higher and unit availability to be lower. We can get a good idea of whether or not many people are moving to or from Tumwater by looking at the change in population. According to the US Census, the Tumwater metro area's population grew from 17,400 in 2010 to 18,820 in 2014, a growth rate of 8.16%.

The Relationship Between Real Estate and Self Storage in Tumwater, WA.

Vacancy and occupancy rates in the Tumwater housing market can help us gauge the demand for living space and thus self-storage space in Tumwater, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Tumwater, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Tumwater area. Tumwater is estimated to have a 93.8% housing occupancy rate, while the vacancy rate is at 6.2%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Tumwater may also be higher. That might make it harder to find cheap storage in Tumwater.