Wailua Homesteads, HI self-storage market

Population 5,431. Passes the self-storage screen with 33 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
33 / 100Pass

Passes the screen

0Population 5,431: in the 2,000 to 20,000 scope
+25Income $90k: $70k+, best
-15Population -11.2% since 2015-2019: shrinking 5%+, penalty
+5Renters 28%: 20% to 30%, ok
+54 storage facilities within 10 mi (1 chain): 4 to 6, good
-21 chain or REIT facilities within 10 mi
+15Supply 2.5 sq ft per person (108,109 sq ft / market population 42,670): under 7 sq ft, best
33Total, out of 100
Storage sq ft per person, 10 miles
2.5
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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,431
Residents of the Census place, ACS 5-year 2020 to 2024. 42,670 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$89,717
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-11.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
28.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
4
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 1 of them are chains or REITs.
Facilities whose nearest town is Wailua Homesteads
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Wailua Homesteads

No facility lists Wailua Homesteads as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Wailua HI3 mi38 / 100Pass
Kapaa HI3 mi59 / 100Pass
Hanamaulu HI5 mi43 / 100Pass
Anahola HI7 mi65 / 100Pass
Lihue HI7 mi59 / 100Pass
Puhi HI7 mi63 / 100Pass

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

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