North Merritt Island, FL self-storage market
Population 9,025. Passes the self-storage screen with 20 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
20 / 100PassPasses the screen
0Population 9,025: in the 2,000 to 20,000 scope
+25Income $105k: $70k+, best
0No 2015-2019 population (new or renamed Census place)
0Renters 13.4%: under 20%, low
-1020 storage facilities within 10 mi (15 chain): 11+, penalty
-1015 chain or REIT facilities within 10 mi
+15Supply 3.4 sq ft per person (518,155 sq ft / market population 150,549, 75% of facilities sized): under 7 sq ft, best
0Map point moved 1.4 mi from the Census internal point to the population center
20Total, out of 100
Storage sq ft per person, 10 miles
3.4
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. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
9,025
Residents of the Census place, ACS 5-year 2020 to 2024. 150,549 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$104,878
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
Unknown
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
13.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
20
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 15 of them are chains or REITs.
Facilities whose nearest town is North Merritt Island
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near North Merritt Island
No facility lists North Merritt Island as its nearest scored town.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Sharpes FL | 3 mi | 5 / 100Fail |
| Tropical Park FL | 4 mi | 5 / 100Fail |
| Cocoa FL | 6 mi | 26 / 100Pass |
| Cocoa West FL | 7 mi | -10 / 100Fail |
| Cape Canaveral FL | 7 mi | 17 / 100Pass |
| Cocoa Beach FL | 9 mi | 17 / 100Pass |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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