Hillsboro Beach, FL self-storage market

Population 2,271. Passes the self-storage screen with 35 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
35 / 100Pass

Passes the screen

0Population 2,271: in the 2,000 to 20,000 scope
+25Income $94k: $70k+, best
+15Population +29.6% since 2015-2019: growing 10%+, best
0Renters 12.9%: under 20%, low
-1032 storage facilities within 10 mi (27 chain): 11+, penalty
-1027 chain or REIT facilities within 10 mi
+15Supply 2 sq ft per person (1,098,403 sq ft / market population 549,570, 97% of facilities sized): under 7 sq ft, best
35Total, out of 100
Storage sq ft per person, 10 miles
2.0
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. 97% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,271
Residents of the Census place, ACS 5-year 2020 to 2024. 549,570 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$94,432
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+29.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
12.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
32
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 27 of them are chains or REITs.
Facilities whose nearest town is Hillsboro Beach
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Hillsboro Beach

No facility lists Hillsboro Beach as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Lighthouse Point FL1 mi10 / 100Fail
Lauderdale-by-the-Sea FL6 mi10 / 100Fail
Wilton Manors FL9 mi13 / 100Fail
Watergate FL9 mi38 / 100Pass
Highland Beach FL9 mi35 / 100Pass
Roosevelt Gardens FL11 mi10 / 100Fail

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

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