Longboat Key, FL self-storage market

Population 7,539. 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 / 100Pass

Passes the screen

0Population 7,539: in the 2,000 to 20,000 scope
+25Income $158k: $70k+, best
+8Population +3.5% since 2015-2019: growing 2% to 10%, good
0Renters 6.4%: under 20%, low
-1031 storage facilities within 10 mi (28 chain): 11+, penalty
-1028 chain or REIT facilities within 10 mi
+15Supply 3.5 sq ft per person (795,887 sq ft / market population 228,960, 90% of facilities sized): under 7 sq ft, best
0Map point moved 1.6 mi from the Census internal point to the population center
28Total, out of 100
Storage sq ft per person, 10 miles
3.5
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. 90% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
7,539
Residents of the Census place, ACS 5-year 2020 to 2024. 228,960 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$158,030
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+3.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
6.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
31
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 28 of them are chains or REITs.
Facilities whose nearest town is Longboat Key
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Longboat Key

No facility lists Longboat Key as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Whitfield FL5 mi35 / 100Pass
Bayshore Gardens FL5 mi-12 / 100Fail
Cortez FL6 mi35 / 100Pass
North Sarasota FL7 mi13 / 100Fail
West Samoset FL8 mi28 / 100Pass
West Bradenton FL8 mi20 / 100Pass

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

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