New Castle, DE self-storage market

Population 5,579. Passes the self-storage screen with 36 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
36 / 100Pass

Passes the screen

0Population 5,579: in the 2,000 to 20,000 scope
+25Income $89k: $70k+, best
+8Population +6.4% since 2015-2019: growing 2% to 10%, good
+8Renters 36.6%: 30% to 40%, good
-1045 storage facilities within 10 mi (24 chain): 11+, penalty
-1024 chain or REIT facilities within 10 mi
+15Supply 5.1 sq ft per person (1,070,912 sq ft / market population 208,524, 76% of facilities sized): under 7 sq ft, best
36Total, out of 100
Storage sq ft per person, 10 miles
5.1
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. 76% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,579
Residents of the Census place, ACS 5-year 2020 to 2024. 208,524 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$89,205
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+6.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
36.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
45
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 24 of them are chains or REITs.
Facilities whose nearest town is New Castle
3
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near New Castle

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Crozier Fine Arts - DelawareNew Castle, DEIndependent1MembersMembersMembersMembers
Moore Storage of DelawareNew Castle, DEIndependent68MembersMembersMembersMembers
The Helm and Deemers Self StorageNew Castle, DEIndependent1MembersMembersMembersMembers

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
Wilmington Manor DE1 mi33 / 100Pass
Pennsville NJ4 mi33 / 100Pass
Elsmere DE5 mi31 / 100Pass
Carneys Point NJ6 mi45 / 100Pass
Penns Grove NJ7 mi10 / 100Fail
Edgemoor DE7 mi5 / 100Fail

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

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