StorTrack Market of the Month: Jupiter, Florida

Jupiter’s self-storage market is benefiting from a combination that’s becoming increasingly difficult to find: affluent population growth, constrained supply, and virtually no new development on the horizon. Within a five-mile radius of the town center, an estimated 102,000 residents are served by just 6.5 SF/capita of self-storage supply, below the national average of approximately 7.9 SF/capita. We used StorTrack’s Explorer platform to dig into key market metrics. Market Snapshot for Jupiter, FL Over the next two years, the trade area’s population is projected to grow 2.16%, adding roughly 2,200 residents, while no…