Just starting your Glen Cove self storage search? There are a few things you should know. Glen Cove 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. We used US Census data on Glen Cove to give you a better idea of these factors.
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 Glen Cove, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in Glen Cove. The Glen Cove metro area grew from 26,996 persons in 2010 to 27,314 persons in 2014 according to the US Census, an increase of 1.18%.
Vacancy and occupancy rates in the Glen Cove housing market can help us gauge the demand for living space and thus self-storage space in Glen Cove, and may hint at storage availability and pricing. If housing occupancy rates in Glen Cove are high, it's probably safe to assume that storage facility occupancy rates in Glen Cove are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Glen Cove are at 5.7%, while the occupancy rate is at 94.3%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Glen Cove, suggesting that storage unit inventory might also be tighter in Glen Cove. With fewer units available, storage facilities in Glen Cove may charge higher prices.
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