Finding Self Storage in Waverly, TN: Everything You Need To Know
Just starting your Waverly self storage search? There are a few things you should know. Storage unit prices and availability in Waverly are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. We used US Census data on Waverly to give you a better idea of these factors.Waverly, TN Moving and Storage
If there are many people moving to or from Waverly, prices could be higher than in other cities. That's because self storage if often used as part of a home move. Population changes over time are one way of gauging the amount of moving activity in Waverly. The US Census tells us that the metro area population of Waverly declined from 4,094 in 2010 to 4,091 in 2014, a loss of -0.07%.The Real Estate Climate and Self Storage in Waverly, TN
One way to get an idea of the demand for housing and storage space in Waverly is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Waverly, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Waverly area. 10.2% of housing units in Waverly are vacant according to the US Census, while 89.8% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Waverly, suggesting that storage unit inventory might also be tighter in Waverly. With fewer units available, storage facilities in Waverly may charge higher prices.