Solon, IA self-storage market

Population 3,152. Passes the self-storage screen with 46 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
46 / 100Pass

Passes the screen

0Population 3,152: in the 2,000 to 20,000 scope
+25Income $113k: $70k+, best
+15Population +20.5% since 2015-2019: growing 10%+, best
+5Renters 20.8%: 20% to 30%, ok
-1019 storage facilities within 10 mi (2 chain): 11+, penalty
-42 chain or REIT facilities within 10 mi
+15Supply 4.1 sq ft per person (231,406 sq ft / market population 56,664, 95% of facilities sized): under 7 sq ft, best
46Total, out of 100
Storage sq ft per person, 10 miles
4.1
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. 95% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,152
Residents of the Census place, ACS 5-year 2020 to 2024. 56,664 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$113,295
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+20.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
20.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
19
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 2 of them are chains or REITs.
Facilities whose nearest town is Solon
5
5 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Solon

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
A+ Lake Macbride StorageSolon, IAIndependent8MembersMembersMembersMembers
Solon Storage RentalsSolon, IAIndependent2MembersMembersMembersMembers
Sugar Bottom StorageSolon, IAIndependent17MembersMembersMembersMembers
Summer & Winter StorageSolon, IAIndependent0MembersMembersMembersMembers
V's Self Storage (Solon Location)Solon, IAIndependent7MembersMembersMembersMembers

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

Showing 5 of 5 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
Ely IA7 mi22 / 100Pass
Mount Vernon IA9 mi-2 / 100Fail
Tiffin IA11 mi35 / 100Pass
West Branch IA13 mi41 / 100Pass
Fairfax IA17 mi36 / 100Pass
Tipton IA19 mi22 / 100Pass

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

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