Before beginning your self storage search in Ocala, there are a few things you should know. Ocala 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. In order to give you a better idea of these factors in Ocala, we pulled in data from the US Census.
Many people use storage as part of their move, so if there are many people moving to Ocala, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Ocala, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Ocala metro area's population grew from 56,382 in 2010 to 57,586 in 2014, a growth rate of 2.14%.
Housing occupancy and vacancy rates in Ocala can help us get a better idea of how much demand there is for living and storage space in Ocala and thus the kind of storage prices and availability we should expect to find. If there's low vacancy rates in Ocala housing, there's likely low vacancy at Ocala storage facilities. This would allow storage facilities in Ocala to charge higher prices for their units. According to US Census estimates, 86.3% of housing units in Ocala are occupied, while the vacancy rate is at 13.7%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Ocala, suggesting that storage unit inventory might also be tighter in Ocala. With fewer units available, storage facilities in Ocala may charge higher prices.
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