Tips for Finding Self Storage in New Hyde Park, NY
There are a few things you should know about New Hyde Park self storage before you begin your search. New Hyde Park 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on New Hyde Park to help inform your New Hyde Park self storage search.Moving and Storage in New Hyde Park, NY
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 New Hyde Park, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in New Hyde Park. The US Census tells us that the metro area population of New Hyde Park grew from 9,726 in 2010 to 9,799 in 2014, which is a rate of 0.75% growth over four years.The Real Estate Climate and Self Storage in New Hyde Park, NY
One way to get an idea of the demand for housing and storage space in New Hyde Park is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in New Hyde Park, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the New Hyde Park area. New Hyde Park is estimated to have a 97% housing occupancy rate, while the vacancy rate is at 3%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in New Hyde Park, suggesting that storage unit inventory might also be tighter in New Hyde Park. With fewer units available, storage facilities in New Hyde Park may charge higher prices.