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Finding Self Storage in Woonsocket, RI: Top Tips

There are a few things you should know about Woonsocket self storage before you begin your search. Woonsocket storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Woonsocket.

Woonsocket, RI Moving and Storage

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 Woonsocket, prices could be higher and availability lower. We can get a good idea of whether or not many people are moving to or from Woonsocket by looking at the change in population. According to the US Census, the Woonsocket metro area's population grew from 41,190 in 2010 to 41,228 in 2014, a growth rate of 0.09%.

Self Storage and Real Estate in Woonsocket, RI

Housing occupancy and vacancy rates in Woonsocket can help us get a better idea of how much demand there is for living and storage space in Woonsocket 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 Woonsocket, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Woonsocket area. 11.2% of housing units in Woonsocket are vacant according to the US Census, while 88.8% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Woonsocket may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Woonsocket than in other cities.