Red Oak, IA self-storage market
Population 5,510. Scores 33 / 100 but needs a data check: no storage facility turned up within 10 miles, so competition and supply are unconfirmed.
Town score, higher = better market to buy in
33 / 100CheckNeeds a data check: no facility found within 10 miles, so supply is unconfirmed
0 facilities within 10 mi needs a data check: nearest known storage facility only 13.3 mi away (under 15 mi); 10 storage facilities within 25 mi (bigger market nearby).
0Population 5,510: in the 2,000 to 20,000 scope
+15Income $50k: $50k to $65k, ok
+8Population +2.8% since 2015-2019: growing 2% to 10%, good
+10Renters 40.1%: 40%+, best
0Competitors unknown: 0 facilities within 10 mi needs a data check: nearest known storage facility only 13.3 mi away (under 15 mi); 10 storage facilities within 25 mi (bigger market nearby)
0Supply unknown: no facility found near the town point, see competitors
33Total, out of 100
Storage sq ft per person, 10 miles
Unknown
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.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,510
Residents of the Census place, ACS 5-year 2020 to 2024. 7,058 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$50,109
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+2.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
40.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
Unknown
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more.
Facilities whose nearest town is Red Oak
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Red Oak
No facility lists Red Oak as its nearest scored town.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Shenandoah IA | 19 mi | 45 / 100Pass |
| Clarinda IA | 22 mi | 38 / 100Pass |
| Glenwood IA | 27 mi | 37 / 100Pass |
| Atlantic IA | 28 mi | 18 / 100Pass |
| Plattsmouth NE | 35 mi | 43 / 100Pass |
| Beaver Lake NE | 35 mi | 35 / 100Pass |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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