Ely, IA self-storage market

Population 2,186. Passes the self-storage screen with 22 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
22 / 100Pass

Passes the screen

0Population 2,186: in the 2,000 to 20,000 scope
+25Income $106k: $70k+, best
0Population -1.8% since 2015-2019: flat (within 2%), ok
0Renters 18.2%: under 20%, low
-1034 storage facilities within 10 mi (4 chain): 11+, penalty
-84 chain or REIT facilities within 10 mi
+15Supply 3.4 sq ft per person (585,822 sq ft / market population 170,401, 88% of facilities sized): under 7 sq ft, best
22Total, 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. 88% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,186
Residents of the Census place, ACS 5-year 2020 to 2024. 170,401 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$105,882
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-1.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
18.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
34
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 4 of them are chains or REITs.
Facilities whose nearest town is Ely
7
6 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Ely

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
All Stor Fort Knox StorageEly, IAIndependent52MembersMembersMembersMembers
Cedar Lock StorageEly, IAIndependent5MembersMembersMembersMembers
Cedar Ridge StorageEly, IAIndependent5MembersMembersMembersMembers
First Class StorageEly, IAIndependent4MembersMembersMembersMembers
Green Acres StorageEly, IAIndependent126MembersMembersMembersMembers
Prairie Oaks Storage UnitsEly, IAIndependent2MembersMembersMembersMembers
Storage Rentals of AmericaEly, IAChain or REIT293MembersMembersMembersMembers

Lead score runs 0 to 100, higher = better lead. Lead Weak Fail

Showing 7 of 7 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.

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Nearby towns

TownDistanceTown scorehigher = better market to buy in
Solon IA7 mi46 / 100Pass
Mount Vernon IA9 mi-2 / 100Fail
Fairfax IA10 mi36 / 100Pass
Tiffin IA13 mi35 / 100Pass
Hiawatha IA13 mi29 / 100Pass
Robins IA14 mi18 / 100Pass

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

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