Lake, AR self-storage market

Population 2,531. Passes the self-storage screen with 46 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
46 / 100Pass

Passes the screen

0Population 2,531: in the 2,000 to 20,000 scope
+15Income $60k: $50k to $65k, ok
+8Population +2.7% since 2015-2019: growing 2% to 10%, good
+8Renters 34.2%: 30% to 40%, good
08 storage facilities within 10 mi (0 chain): 7 to 10, ok
+15Supply 6.3 sq ft per person (74,271 sq ft / market population 11,788, 75% of facilities sized): under 7 sq ft, best
46Total, out of 100
Storage sq ft per person, 10 miles
6.3
Estimated building sq ft of every facility within 10 miles, divided by everyone living within 10 miles. Under 7 is undersupplied; over 10 is crowded. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,531
Residents of the Census place, ACS 5-year 2020 to 2024. 11,788 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$60,273
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+2.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
34.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
8
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 0 of them are chains or REITs.
Facilities whose nearest town is Lake
3
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lake

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Lake City Mini StorageLake, ARIndependent5MembersMembersMembersMembers
Natural State Storage SolutionsLake, ARIndependent0MembersMembersMembersMembers
U StorageLake, ARIndependent7MembersMembersMembersMembers

Lead score runs 0 to 100, higher = better lead. Lead Weak Fail

Showing 3 of 3 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.

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Nearby towns

TownDistanceTown scorehigher = better market to buy in
Bay AR7 mi40 / 100Pass
Brookland AR9 mi25 / 100Pass
Trumann AR11 mi3 / 100Fail
Lepanto AR16 mi23 / 100Fail
Manila AR17 mi48 / 100Pass
Marked Tree AR20 mi7 / 100Check

Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check

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