There are a few things you should know about Washington self storage before you begin your search. The pricing and availability of storage units in Washington 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 Washington, we pulled in data from the US Census.
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 Washington, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from Washington by looking at the change in population. The Washington metro area grew from 13,980 persons in 2010 to 14,020 persons in 2014 according to the US Census, an increase of 0.29%.
One way to get an idea of the demand for housing and storage space in Washington is to look at housing occupancy and vacancy rates. Low rates of vacancy in Washington housing could indicate that real estate is in short supply. Self storage units in Washington may then also be in short supply, which means Washington storage unit prices may be higher. 7.2% of housing units in Washington are vacant according to the US Census, while 92.8% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Washington may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Washington than in other cities.
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