Tips for Finding Self Storage in Burlington, NJ
Before beginning your self storage search in Burlington, there are a few things you should know. Burlington 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 Burlington.Self Storage and Moving in Burlington, NJ
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Burlington, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in Burlington. US Census data tells us that the Burlington metro area's population shrank from 9,912 in 2010 to 9,799 in 2014, a decline of -1.14%.The Real Estate Climate and Self Storage in Burlington, NJ
Housing occupancy and vacancy rates in Burlington can help us get a better idea of how much demand there is for living and storage space in Burlington and thus the kind of storage prices and availability we should expect to find. If there's low vacancy rates in Burlington housing, there's likely low vacancy at Burlington storage facilities. This would allow storage facilities in Burlington to charge higher prices for their units. Burlington is estimated to have a 91.4% housing occupancy rate, while the vacancy rate is at 8.6%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Burlington may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Burlington than in other cities.