Tips for Finding Self Storage in Ocean City, NJ
If you're searching for self storage in Ocean City, there are a few things you should keep in mind. Storage unit prices and availability in Ocean City are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. We used US Census data on Ocean City to give you a better idea of these factors.Ocean City, NJ Moving and Storage
If there are many people moving to or from Ocean City, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Ocean City by looking at the change in population. US Census data tells us that the Ocean City metro area's population shrank from 11,691 in 2010 to 11,374 in 2014, a decline of -2.71%.The Real Estate Climate and Self Storage in Ocean City, NJ
Vacancy and occupancy rates in the Ocean City housing market can help us gauge the demand for living space and thus self-storage space in Ocean City, and may hint at storage availability and pricing. If there's low vacancy rates in Ocean City housing, there's likely low vacancy at Ocean City storage facilities. This would allow storage facilities in Ocean City to charge higher prices for their units. According to US Census estimates, 28.2% of housing units in Ocean City are occupied, while the vacancy rate is at 71.8%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Ocean City may also be higher. That might make it harder to find cheap storage in Ocean City.