Finding Self Storage in Hempstead, NY: Everything You Need To Know
Just starting your Hempstead self storage search? There are a few things you should know. The pricing and availability of storage units in Hempstead 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 Hempstead to help inform your Hempstead self storage search.Hempstead, NY 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 Hempstead, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from Hempstead by looking at the change in population. The Hempstead metro area grew from 53,951 persons in 2010 to 55,527 persons in 2014 according to the US Census, an increase of 2.92%.Self Storage and Real Estate in Hempstead, NY
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Hempstead. If housing occupancy rates in Hempstead are high, it's probably safe to assume that storage facility occupancy rates in Hempstead are also high, which would push unit prices up. Hempstead is estimated to have a 95% housing occupancy rate, while the vacancy rate is at 5%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Hempstead may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Hempstead than in other cities.