Everything You Need to Know About Finding Self Storage in Waukesha, WI
Before beginning your self storage search in Waukesha, there are a few things you should know. Storage unit prices and availability in Waukesha are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Waukesha.Waukesha, WI Self Storage and Moving
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Waukesha, prices could be higher and availability lower. By looking at population changes in Waukesha, we should be able to get an idea of how many people are moving to or from the city. The Waukesha metro area grew from 70,709 persons in 2010 to 71,489 persons in 2014 according to the US Census, an increase of 1.1%.Real Estate and Self Storage in Waukesha, WI
One way to get an idea of the demand for housing and storage space in Waukesha is to look at housing occupancy and vacancy rates. If housing occupancy rates in Waukesha are high, it's probably safe to assume that storage facility occupancy rates in Waukesha are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Waukesha are at 5.2%, while the occupancy rate is at 94.8%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Waukesha, suggesting that storage unit inventory might also be tighter in Waukesha. With fewer units available, storage facilities in Waukesha may charge higher prices.