Palermo, CA self-storage market
Population 5,266. Fails the self-storage screen with -16 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
-16 / 100FailFails the screen
0Population 5,266: in the 2,000 to 20,000 scope
+15Income $51k: $50k to $65k, ok
-8Population -2.4% since 2015-2019: shrinking 2% to 5%, penalty
+8Renters 31.3%: 30% to 40%, good
-1023 storage facilities within 10 mi (3 chain): 11+, penalty
-63 chain or REIT facilities within 10 mi
-15Supply 11.6 sq ft per person (559,890 sq ft / market population 48,262, 96% of facilities sized): over 10 sq ft, penalty
0Score -16 is under the pass mark 15
-16Total, out of 100
Storage sq ft per person, 10 miles
11.6
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. 96% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,266
Residents of the Census place, ACS 5-year 2020 to 2024. 48,262 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$50,588
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
31.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
23
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 3 of them are chains or REITs.
Facilities whose nearest town is Palermo
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Palermo
No facility lists Palermo as its nearest scored town.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| South Oroville CA | 3 mi | -9 / 100Fail |
| Oroville East CA | 5 mi | -14 / 100Fail |
| Oroville CA | 5 mi | -6 / 100Fail |
| Thermalito CA | 7 mi | -16 / 100Fail |
| Kelly Ridge CA | 7 mi | -16 / 100Fail |
| Loma Rica CA | 10 mi | 35 / 100Pass |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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