Before beginning your self storage search in Cocoa Beach, there are a few things you should know. The pricing and availability of storage units in Cocoa Beach will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. The US Census keeps accurate data relating to all of these factors, so we've used their data on Cocoa Beach to help inform your Cocoa Beach self storage search.
If there are many people moving to or from Cocoa Beach, prices could be higher than in other cities. That's because self storage if often used as part of a home move. Population changes over time are one way of gauging the amount of moving activity in Cocoa Beach. From 2010 to 2014, the Cocoa Beach metro area population grew from 11,236 to 11,400, a growth rate of 1.46% according to the US Census.
One way to get an idea of the demand for housing and storage space in Cocoa Beach is to look at housing occupancy and vacancy rates. Low rates of vacancy in Cocoa Beach housing could indicate that real estate is in short supply. Self storage units in Cocoa Beach may then also be in short supply, which means Cocoa Beach storage unit prices may be higher. According to US Census estimates, 67.5% of housing units in Cocoa Beach are occupied, while the vacancy rate is at 32.5%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Cocoa Beach also have higher than average occupancy rates. High occupancy rates in Cocoa Beach will make it more difficult to find a good deal on a storage unit.
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