Milan, IL self-storage market

Population 5,034. Passes the self-storage screen with 18 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
18 / 100Pass

Passes the screen

0Population 5,034: in the 2,000 to 20,000 scope
+15Income $63k: $50k to $65k, ok
0Population -0.4% since 2015-2019: flat (within 2%), ok
+8Renters 34%: 30% to 40%, good
-1040 storage facilities within 10 mi (7 chain): 11+, penalty
-107 chain or REIT facilities within 10 mi
+15Supply 4.1 sq ft per person (825,437 sq ft / market population 203,579, 80% of facilities sized): under 7 sq ft, best
18Total, 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. 80% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,034
Residents of the Census place, ACS 5-year 2020 to 2024. 203,579 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$62,597
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-0.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
34.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
40
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 7 of them are chains or REITs.
Facilities whose nearest town is Milan
11
11 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Milan

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
3A StorageMilan, ILIndependent0MembersMembersMembersMembers
Airport Road Mini StorageMilan, ILIndependent28MembersMembersMembersMembers
Castle Junction StorageMilan, ILIndependent23MembersMembersMembersMembers
Centennial (AAB) Self StorageMilan, ILIndependent7MembersMembersMembersMembers
Lockbox Storage - DavenportMilan, ILIndependent634MembersMembersMembersMembers
Maximum StorageMilan, ILIndependent8MembersMembersMembersMembers
Milan StorageMilan, ILIndependent33MembersMembersMembersMembers
Next Door Self StorageMilan, ILIndependent41MembersMembersMembersMembers
Oak Grove StorageMilan, ILIndependent20MembersMembersMembersMembers
Storage of AmericaMilan, ILIndependent136MembersMembersMembersMembers
Store QCMilan, ILIndependent50MembersMembersMembersMembers

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

Showing 11 of 11 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
Coal Valley IL5 mi35 / 100Pass
Silvis IL9 mi28 / 100Pass
Carbon Cliff IL10 mi35 / 100Pass
Colona IL12 mi25 / 100Pass
Eldridge IA14 mi30 / 100Pass
Le Claire IA15 mi40 / 100Pass

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

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