Elmwood, IL self-storage market

Population 2,327. Passes the self-storage screen with 40 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
40 / 100Pass

Passes the screen

0Population 2,327: in the 2,000 to 20,000 scope
+25Income $90k: $70k+, best
0Population -1.7% since 2015-2019: flat (within 2%), ok
+5Renters 20.3%: 20% to 30%, ok
08 storage facilities within 10 mi (0 chain): 7 to 10, ok
+10Supply 7.3 sq ft per person (43,665 sq ft / market population 5,992, 63% of facilities sized): 7 to 8.5 sq ft, good
40Total, out of 100
Storage sq ft per person, 10 miles
7.3
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. 63% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,327
Residents of the Census place, ACS 5-year 2020 to 2024. 5,992 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$90,285
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-1.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
20.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
8
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 0 of them are chains or REITs.
Facilities whose nearest town is Elmwood
4
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Elmwood

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Brimfield Mini StorageElmwood, ILIndependent2MembersMembersMembersMembers
Elmwood StorageElmwood, ILIndependent4MembersMembersMembersMembers
Westfield StorageElmwood, ILIndependent4MembersMembersMembersMembers
Yates City StorageElmwood, ILIndependent0MembersMembersMembersMembers

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

Showing 4 of 4 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
Farmington IL6 mi25 / 100Pass
Canton IL15 mi20 / 100Pass
Bellevue IL17 mi23 / 100Pass
West Peoria IL18 mi0 / 100Fail
Bartonville IL19 mi5 / 100Fail
Knoxville IL19 mi32 / 100Pass

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

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