Tips for Finding Self Storage in Camden, NJ
If you're searching for self storage in Camden, there are a few things you should keep in mind. Storage unit prices and availability in Camden are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. We used US Census data on Camden to give you a better idea of these factors.Camden, NJ Self Storage and Moving
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 Camden, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in Camden. The US Census tells us that the metro area population of Camden declined from 77,423 in 2010 to 77,332 in 2014, a loss of -0.12%.The Relationship Between Real Estate and Self Storage in Camden, NJ
One way to get an idea of the demand for housing and storage space in Camden is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Camden housing, there's likely low vacancy at Camden storage facilities. This would allow storage facilities in Camden to charge higher prices for their units. According to US Census estimates, 86.3% of housing units in Camden are occupied, while the vacancy rate is at 13.7%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Camden also have higher than average occupancy rates. High occupancy rates in Camden will make it more difficult to find a good deal on a storage unit.