Everything You Need to Know About Finding Self Storage in Vail, CO
If you're searching for self storage in Vail, there are a few things you should keep in mind. If you're wondering how much you should expect to pay for self storage in Vail, 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. In order to give you a better idea of these factors in Vail, we pulled in data from the US Census.Vail, CO Moving and Storage
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 Vail, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in Vail. According to the US Census, the Vail metro area's population grew from 5,292 in 2010 to 5,328 in 2014, a growth rate of 0.68%.Self Storage and Real Estate in Vail, CO
Housing occupancy and vacancy rates in Vail can help us get a better idea of how much demand there is for living and storage space in Vail and thus the kind of storage prices and availability we should expect to find. If housing occupancy rates in Vail are high, it's probably safe to assume that storage facility occupancy rates in Vail are also high, which would push unit prices up. 64% of housing units in Vail are vacant according to the US Census, while 36% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Vail, suggesting that storage unit inventory might also be tighter in Vail. With fewer units available, storage facilities in Vail may charge higher prices.