Deer Park, IL self-storage market

Population 3,711. Passes the self-storage screen with 17 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
17 / 100Pass

Passes the screen

0Population 3,711: in the 2,000 to 20,000 scope
+25Income $174k: $70k+, best
-8Population -4.5% since 2015-2019: shrinking 2% to 5%, penalty
+5Renters 26.5%: 20% to 30%, ok
-1036 storage facilities within 10 mi (32 chain): 11+, penalty
-1032 chain or REIT facilities within 10 mi
+15Supply 2.3 sq ft per person (1,372,048 sq ft / market population 599,822, 94% of facilities sized): under 7 sq ft, best
17Total, out of 100
Storage sq ft per person, 10 miles
2.3
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. 94% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,711
Residents of the Census place, ACS 5-year 2020 to 2024. 599,822 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$174,458
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-4.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
26.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
36
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 32 of them are chains or REITs.
Facilities whose nearest town is Deer Park
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Deer Park

No facility lists Deer Park as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Lake Zurich IL2 mi25 / 100Pass
Kildeer IL2 mi28 / 100Pass
Barrington IL2 mi33 / 100Pass
North Barrington IL4 mi28 / 100Pass
Inverness IL4 mi12 / 100Fail
Long Grove IL4 mi28 / 100Pass

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

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