Solvang, CA self-storage market

Population 6,034. Passes the self-storage screen with 63 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
63 / 100Pass

Passes the screen

0Population 6,034: in the 2,000 to 20,000 scope
+25Income $109k: $70k+, best
+8Population +4% since 2015-2019: growing 2% to 10%, good
+10Renters 43%: 40%+, best
+54 storage facilities within 10 mi (0 chain): 4 to 6, good
+15Supply 4.1 sq ft per person (70,864 sq ft / market population 17,476): under 7 sq ft, best
63Total, out of 100
Storage sq ft per person, 10 miles
4.1
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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
6,034
Residents of the Census place, ACS 5-year 2020 to 2024. 17,476 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$109,091
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+4.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
43.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
4
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 Solvang
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Solvang

No facility lists Solvang as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Santa Ynez CA3 mi53 / 100Pass
Buellton CA3 mi55 / 100Pass
Mission Hills CA18 mi22 / 100Pass
Vandenberg CA20 mi12 / 100Fail
Isla Vista CA20 mi-10 / 100Fail
University of California-Santa Barbara CA21 mi25 / 100Pass

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

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