Everything You Need to Know About Finding Self Storage in Waterbury, CT
Before beginning your self storage search in Waterbury, there are a few things you should know. The pricing and availability of storage units in Waterbury 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 Waterbury, we pulled in data from the US Census.Self Storage and Moving in Waterbury, CT
Many people use storage as part of their move, so if there are many people moving to Waterbury, 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 Waterbury by looking at the change in population. From 2010 to 2014, the Waterbury metro area population fell from 110,367 to 109,307, a loss of -0.96% according to the US Census.Self Storage and Real Estate in Waterbury, CT
One way to get an idea of the demand for housing and storage space in Waterbury is to look at housing occupancy and vacancy rates. If housing occupancy rates in Waterbury are high, it's probably safe to assume that storage facility occupancy rates in Waterbury are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Waterbury are at 10.9%, while the occupancy rate is at 89.1%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Waterbury also have higher than average occupancy rates. High occupancy rates in Waterbury will make it more difficult to find a good deal on a storage unit.