Finding Self Storage in Waxahachie, TX: Top Tips
Before beginning your self storage search in Waxahachie, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Waxahachie, 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. We used US Census data on Waxahachie to give you a better idea of these factors.Self Storage and Moving in Waxahachie, TX
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 Waxahachie, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Waxahachie we can get a better idea of the amount of moving activity. According to the US Census, the Waxahachie metro area's population grew from 29,806 in 2010 to 32,344 in 2014, a growth rate of 8.52%.The Relationship Between Real Estate and Self Storage in Waxahachie, TX
One way to get an idea of the demand for housing and storage space in Waxahachie is to look at housing occupancy and vacancy rates. If housing occupancy rates in Waxahachie are high, it's probably safe to assume that storage facility occupancy rates in Waxahachie are also high, which would push unit prices up. According to US Census estimates, 90.5% of housing units in Waxahachie are occupied, while the vacancy rate is at 9.5%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Waxahachie, suggesting that storage unit inventory might also be tighter in Waxahachie. With fewer units available, storage facilities in Waxahachie may charge higher prices.