Genoa, IL self-storage market

Population 5,492. Fails the self-storage screen with 14 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
14 / 100Fail

Fails the screen

0Population 5,492: in the 2,000 to 20,000 scope
+25Income $82k: $70k+, best
+8Population +5.2% since 2015-2019: growing 2% to 10%, good
+8Renters 31.2%: 30% to 40%, good
-1019 storage facilities within 10 mi (1 chain): 11+, penalty
-21 chain or REIT facilities within 10 mi
-15Supply 11.1 sq ft per person (399,933 sq ft / market population 35,877, 89% of facilities sized): over 10 sq ft, penalty
0Score 14 is under the pass mark 15
14Total, out of 100
Storage sq ft per person, 10 miles
11.1
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. 89% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,492
Residents of the Census place, ACS 5-year 2020 to 2024. 35,877 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$82,128
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+5.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
31.2%
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. 1 of them are chains or REITs.
Facilities whose nearest town is Genoa
7
7 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Genoa

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
BNP Self Storage, LLCGenoa, ILIndependent7MembersMembersMembersMembers
Home Town StorageGenoa, ILIndependent3MembersMembersMembersMembers
Kingston Mini StorageGenoa, ILIndependent14MembersMembersMembersMembers
Kirkland Mini StorageGenoa, ILIndependent0MembersMembersMembersMembers
Minify Self-Storage GenoaGenoa, ILIndependent15MembersMembersMembersMembers
Space Squared Self Storage - KirklandGenoa, ILIndependent29MembersMembersMembersMembers
Tj's Jumbo StorageGenoa, ILIndependent0MembersMembersMembersMembers

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
Sycamore IL7 mi30 / 100Pass
Hampshire IL10 mi35 / 100Pass
Cortland IL11 mi35 / 100Pass
Marengo IL12 mi27 / 100Pass
Pingree Grove IL13 mi35 / 100Pass
Cherry Valley IL16 mi35 / 100Pass

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

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