Just starting your Woodland self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Woodland, 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Woodland.
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 Woodland, 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 Woodland we can get a better idea of the amount of moving activity. From 2010 to 2014, the Woodland metro area population grew from 55,557 to 57,432, a growth rate of 3.37% according to the US Census.
Housing occupancy and vacancy rates in Woodland can help us get a better idea of how much demand there is for living and storage space in Woodland and thus the kind of storage prices and availability we should expect to find. If there's low vacancy rates in Woodland housing, there's likely low vacancy at Woodland storage facilities. This would allow storage facilities in Woodland to charge higher prices for their units. Woodland is estimated to have a 94.5% housing occupancy rate, while the vacancy rate is at 5.5%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Woodland also have higher than average occupancy rates. High occupancy rates in Woodland will make it more difficult to find a good deal on a storage unit.
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