Some communities are home to plenty of storage businesses, offering those looking for storage a wide variety of choices, while other communities are less-well served and may need to expand their search into neighboring cities and suburbs. So how many storage businesses are located in Branford?
According to our numbers, there are 5 total storage facilities in Branford, CT. When compared to other cities in the state, Branford offers a slightly-higher number of facilities, 2 more than the state average of 3 per city. It should come as no surprise then that Branford has the 10th-highest count of facilities out of all 43 cities on our network in Connecticut, acting as home to 3.82% of facilities in Connecticut. But even if Branford has an above-average number of storage facilities for Connecticut, it's below average on a national scale--4 below the national average of 9 facilities, to be more precise.
But of course, there are vast differences in population between Branford and other cities in Connecticut, and even more so nationwide, so not controlling for population makes little sense. The population of Branford, CT is 28,969. With 5 self-storage facilities, does Branford offer relatively good or bad storage coverage? Branford, as it turns out, has fewer storage facilities than is typical of a city its size. Cities with a population of 25,000 to 50,000 have an average 7 facilities, 2 more than Branford's 5. In addition, if we look at Branford's per capita facility count, our former findings seem to be definitively demonstrated: Branford does seem to have few facilities for its size. In comparison with cities across the country, Branford's 5 self-storage facilities for its 28,969 residents ranks it in the 44th percentile for facilities per person, meaning that there's relatively-little extra storage space for its residents. But does Branford have a low amount of storage space for a city in Connecticut? As it turns out, it doesn't, instead scoring on the opposite side of the spectrum. In Connecticut, Branford actually scores in the 65th percentile for storage units per capita, meaning that it has more space for each of its 28,969 residents than most cities in Connecticut do for theirs.
The demand for storage being as highly seasonal as it is, moving between highs and lows throughout the year, the season you decide to book a unit during can have as much affect on the price you pay as any other factor. The period between April and September is typically considered the high season for storage, while prices are lower the rest of the year, notably through October and March. Known to some in the industry as 'Crazy Tuesday,' the day following Memorial Day is typically the busiest of the year for storage and brings the high season into full swing. College towns often see more radical seasonal swings, as their student populations drive demand on smaller units in particular up during the summer.
The seasonal price changes Branford goes through are more extreme than most other cities. One way of protecting yourself from seasonal rate changes is by signing a contract that details how much you'll pay for the entirety of your stay. The lowest prices on self storage in Branford can be found during the month of September, with an average price of $86, while the most expensive month is February, with an average price of $268.
Before you go out looking for a cheap storage unit in Branford, it's important that you know how much a unit in Branford ususally costs. Your past experiences booking storage in other cities will be of little help here, as the average price of a storage unit in one city could be $100 higher than the next. There's no need to fret, however, as our analysts have gone through the data and have all the statistics on storage in Branford that you might need.
On average, a storage unit in Branford goes for $142.5 a month. Over the period of a year, that would cost approximately $1710, in case you're thinking of renting for a longer period of time. Do keep in mind, though, that that average is for all unit sizes in Branford together, so comparing it to individual units will do you little good. Different sizes of units can go for hundreds of dollars more or less than others, even in the same city. There are six standard sizes of storage units in Branford, including: 5x5, 10x10, 10x15, and 10x20. For each standard size, here's how much you might expect to pay per month in Branford:
|Storage Unit Size||Average Price in Branford, CT|
Just like real estate prices, prices on storage can be totally different in different parts of the same city. The more expansive your search, the more facilities you'll be able to compare, and the more options you'll have. This might make it more difficult to access your unit, but the extra money in your pocket every month may just be worth it. Knowing whether or not you should look in nearby cities depends on whether or not self-storage (sometimes called mini storage or public self storage) in those cities is less expensive than in Branford. We've gone ahead and figured that out for you.
Branford's average price of $142.5 a month for a unit ranks it as the 8th most expensive city for self-storage in Connecticut, which itself ranks as the 4th most expensive state for storage. In general, storage units in Branford go for $43.33 more than the state average of $99.17.
But average prices don't necessarily tell you how affordable storage is in a given city, as money goes further in some states than it does in others. To give you a better idea of affordability, we've created a 'relative price' scale that estimates how expensive storage is for median income earners in that state. Given that the average price of a storage unit in Branford is $142.5 and the median income in Connecticut is $66,748.00 a year, we can determine that a storage unit would require 2.56% of a median earner's monthly paycheck. According to our calulations, this makes Branford quite the expensive place to rent a storage unit, its price as a percent of income coming in at the 83rd percentile of all cities in Connecticut.
In addition, storage in Branford is also very expensive on the national scale, ranking at the 82nd percentile compared to other cities across the nation. Expect to pay $70.35 more than the national average of $72.15 when searching for self storage in Branford.
If you’re considering buying/selling a home instead of renting, it’s crucial to find a storage unit that will last you through the purchase or sale process. Especially when, according to Zillow, Branford had an average home value of $279,000 which in the past year is down 0.011%.