Everything You Need to Know About Finding Self Storage in Wilmington, MA
There are a few things you should know about Wilmington self storage before you begin your search. Storage unit prices and availability in Wilmington are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Wilmington to help inform your Wilmington self storage search.Wilmington, MA 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 Wilmington, 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 Wilmington we can get a better idea of the amount of moving activity. The Wilmington metro area grew from 22,374 persons in 2010 to 23,370 persons in 2014 according to the US Census, an increase of 4.45%.Self Storage and Real Estate in Wilmington, MA
Housing occupancy and vacancy rates in Wilmington can help us get a better idea of how much demand there is for living and storage space in Wilmington and thus the kind of storage prices and availability we should expect to find. High occupancy rates can indicate a lack of housing supply in Wilmington, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Wilmington area. According to US Census estimates, 96.5% of housing units in Wilmington are occupied, while the vacancy rate is at 3.5%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Wilmington also have higher than average occupancy rates. High occupancy rates in Wilmington will make it more difficult to find a good deal on a storage unit.