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Just starting your Gloucester City self storage search? There are a few things you should know. The pricing and availability of storage units in Gloucester City 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. We used US Census data on Gloucester City 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 Gloucester City, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in Gloucester City. The Gloucester City metro area saw its population decline from 11,451 persons in 2010 to 11,317 persons in 2014 according to the US Census, a decrease of -1.17%.
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Gloucester City. If there's low vacancy rates in Gloucester City housing, there's likely low vacancy at Gloucester City storage facilities. This would allow storage facilities in Gloucester City to charge higher prices for their units. Gloucester City is estimated to have a 90.2% housing occupancy rate, while the vacancy rate is at 9.8%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Gloucester City may also be higher. That might make it harder to find cheap storage in Gloucester City.
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