Lake Wales, FL self-storage market
Population 16,785. Passes the self-storage screen with 28 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
28 / 100PassPasses the screen
0Population 16,785: in the 2,000 to 20,000 scope
+15Income $56k: $50k to $65k, ok
+8Population +4.7% since 2015-2019: growing 2% to 10%, good
+10Renters 40.8%: 40%+, best
-1021 storage facilities within 10 mi (9 chain): 11+, penalty
-109 chain or REIT facilities within 10 mi
+15Supply 6.8 sq ft per person (341,035 sq ft / market population 50,336, 71% of facilities sized): under 7 sq ft, best
28Total, out of 100
Storage sq ft per person, 10 miles
6.8
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. 71% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
16,785
Residents of the Census place, ACS 5-year 2020 to 2024. 50,336 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$56,347
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+4.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
40.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
21
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 9 of them are chains or REITs.
Facilities whose nearest town is Lake Wales
13
9 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Lake Wales
| Facility | Nearest town | Type | Reviews on Maps | Est. units Members only | Website Members only | Phone Members only | Lead scorehigher = better lead Members only |
|---|---|---|---|---|---|---|---|
| All Park Storage | Lake Wales, FL | Independent | 1 | Members | Members | Members | Members |
| AmirStorage | Lake Wales, FL | Independent | 25 | Members | Members | Members | Members |
| Best American Storage | Lake Wales, FL | Independent | 58 | Members | Members | Members | Members |
| CubeSmart Self Storage | Lake Wales, FL | Chain or REIT | 141 | Members | Members | Members | Members |
| East 60 Storage & U-Haul | Lake Wales, FL | Chain or REIT | 39 | Members | Members | Members | Members |
| I-Deal Self Storage Of Lake Wales | Lake Wales, FL | Independent | 26 | Members | Members | Members | Members |
| Lake Wales Storage | Lake Wales, FL | Independent | 102 | Members | Members | Members | Members |
| Storage Sense - Lake Wales | Lake Wales, FL | Chain or REIT | 93 | Members | Members | Members | Members |
| Storage Zone Self Storage and Business Centers | Lake Wales, FL | Independent | 170 | Members | Members | Members | Members |
| Storage at Lake Wales & UHAUL | Lake Wales, FL | Chain or REIT | 77 | Members | Members | Members | Members |
| Storelocal Storage | Lake Wales, FL | Independent | 205 | Members | Members | Members | Members |
| Tri-Tower Self Storage | Lake Wales, FL | Independent | 36 | Members | Members | Members | Members |
| U-Lock-It Mini Warehouses & Self-Storage | Lake Wales, FL | Independent | 5 | Members | Members | Members | Members |
Lead score runs 0 to 100, higher = better lead. Lead Weak Fail
Showing 13 of 13 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Crooked Lake Park FL | 6 mi | 25 / 100Pass |
| Dundee FL | 7 mi | 23 / 100Pass |
| Alturas FL | 7 mi | 35 / 100Pass |
| Cypress Gardens FL | 8 mi | 25 / 100Pass |
| Wahneta FL | 8 mi | -7 / 100Fail |
| Eagle Lake FL | 10 mi | 40 / 100Pass |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
Unlock every facility in Florida
- Est. units
- Size confidence
- Website
- FEMA flood zone
- Phone
- Address
- Maps link
- Lead score with every reason
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$49 / month, all states
See the plan