Colchester, CT self-storage market

Population 4,692. Passes the self-storage screen with 42 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
42 / 100Pass

Passes the screen

0Population 4,692: in the 2,000 to 20,000 scope
+25Income $87k: $70k+, best
-8Population -2% since 2015-2019: shrinking 2% to 5%, penalty
+10Renters 46.5%: 40%+, best
08 storage facilities within 10 mi (0 chain): 7 to 10, ok
+15Supply 4.6 sq ft per person (72,526 sq ft / market population 15,924, 88% of facilities sized): under 7 sq ft, best
42Total, out of 100
Storage sq ft per person, 10 miles
4.6
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. 88% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,692
Residents of the Census place, ACS 5-year 2020 to 2024. 15,924 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$86,760
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
46.5%
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 Colchester
4
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Colchester

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Carefree Self StorageColchester, CTIndependent3MembersMembersMembersMembers
Goldi-Locks Self StorageColchester, CTIndependent36MembersMembersMembersMembers
Hebron Self StorageColchester, CTIndependent6MembersMembersMembersMembers
South Main Street StorageColchester, CTIndependent0MembersMembersMembersMembers

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

Showing 4 of 4 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
Moodus CT7 mi46 / 100Pass
East Hampton CT8 mi35 / 100Pass
Lake Pocotopaug CT9 mi35 / 100Pass
Willimantic CT11 mi15 / 100Pass
Chester Center CT14 mi40 / 100Pass
Coventry Lake CT14 mi23 / 100Pass

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

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