POPULATION
In 2024, the population in your selected geography is 44,437. The population has changed by 46.68 percent since 2010. It is estimated that the population in your area will be 47,812 five years from now, which represents a change of 7.6 percent from the current year. The current population is 52.5 percent male and 47.5 percent female. The median age of the population in your area is 60.0, compared with the U.S. average, which is 39.0. The population density in your area is 565 people per square mile.

HOUSEHOLDS
There are currently 21,876 households in your selected geography. The number of households has changed by 52.11 percent since 2010. It is estimated that the number of households in your area will be 23,528 five years from now, which represents a change of 7.6 percent from the current year. The average household size in your area is 2.0 people.

INCOME
In 2024, the median household income for your selected geography is $104,700, compared with the U.S. average, which is currently $76,141. The median household income for your area has changed by 93.99 percent since 2010. It is estimated that the median household income in your area will be $128,713 five years from now, which represents a change of 22.9 percent from the current year.

The current year per capita income in your area is $64,644, compared with the U.S. average, which is $40,471. The current year’s average household income in your area is $132,207, compared with the U.S. average, which is $101,307.

EMPLOYMENT
In 2024, 18,430 people in your selected area were employed. The 2010 Census revealed that 66.7 percent of employees are in white-collar occupations in this geography, and 12.6 percent are in blue-collar occupations. In 2024, unemployment in this area was 4.0 percent. In 2010, the average time traveled to work was 24.00 minutes.

HOUSING
The median housing value in your area was $525,654 in 2024, compared with the U.S. median of $321,016. In 2010, there were 11,660.00 owner-occupied housing units and 2,723.00 renter-occupied housing units in your area.

EDUCATION
The selected area in 2024 had a lower level of educational attainment when compared with the U.S averages. 46.6 percent of the selected area’s residents had earned a graduate degree compared with the national average of only 13.5 percent, and 9.1 percent completed a bachelor’s degree, compared with the national average of 21.1 percent.

The number of area residents with an associate degree was higher than the nation’s at 9.3 percent vs. 8.8 percent, respectively.

The area had fewer high-school graduates, 0.9 percent vs. 26.2 percent for the nation, but the percentage of residents who completed some college is higher than the average for the nation, at 26.6 percent in the selected area compared with the 19.7 percent in the U.S.

• Southeastern Delaware Self Storage & Retail Offering
• Located in the Affluent City of Rehoboth Beach
• 76,324 Net Rentable Square Feet
• 522 Climate Controlled Self Storage Units, 24 Parking Spaces, and Six Retail Spaces
• Approximately 10,000+ SF of Land that can be Used for an Expansion
• Panera Bread is on the 14th Year of their Lease | Rent Will Increase Starting in the 16th Year of the Lease
• Below Market Storage Rents
• Extremely High Daily Traffic Counts: 60,000+ Cars/Day on Coastal Highway (DE-1)
• Within Five Miles of Three Major Tanger Outlet Centers
• Prime Location Just Off Coastal Highway, Surrounded by Numerous Residential Neighborhoods, Restaurants, National Retail Brands, Shopping Centers, and More
• Affluent Market: Average Household Income Within One, Three, and Five Miles is Well Above the National Average
• Average HHI: 1-Mile: $121,067 | 3-Miles: $133,278 | 5-Miles: $132,207
• Rapidly Growing Surrounding Population: Over 46% Increase Within a Five-Mile Radius Since 2010