Finding Self Storage in Westminster, CA: Top Tips
Just starting your Westminster self storage search? There are a few things you should know. Storage unit prices and availability in Westminster are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. In order to give you a better idea of these factors in Westminster, we pulled in data from the US Census.Self Storage and Moving in Westminster, CA
Many people use storage as part of their move, so if there are many people moving to Westminster, 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 Westminster by looking at the change in population. The US Census tells us that the metro area population of Westminster grew from 89,818 in 2010 to 92,068 in 2014, which is a rate of 2.51% growth over four years.Real Estate and Self Storage in Westminster, CA
One way to get an idea of the demand for housing and storage space in Westminster is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Westminster housing, there's likely low vacancy at Westminster storage facilities. This would allow storage facilities in Westminster to charge higher prices for their units. Westminster is estimated to have a 94.6% housing occupancy rate, while the vacancy rate is at 5.4%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Westminster may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Westminster than in other cities.