Mount Morris, IL self-storage market

Population 2,726. Fails the self-storage screen with 3 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
3 / 100Fail

Fails the screen

0Population 2,726: in the 2,000 to 20,000 scope
+5Income $46k: $45k to $50k, weak
-15Population -14.1% since 2015-2019: shrinking 5%+, penalty
+8Renters 30%: 30% to 40%, good
-1011 storage facilities within 10 mi (0 chain): 11+, penalty
+15Supply 5.1 sq ft per person (78,918 sq ft / market population 15,448, 82% of facilities sized): under 7 sq ft, best
0Score 3 is under the pass mark 15
3Total, out of 100
Storage sq ft per person, 10 miles
5.1
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. 82% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,726
Residents of the Census place, ACS 5-year 2020 to 2024. 15,448 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$45,726
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-14.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
30.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
11
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 Mount Morris
4
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Mount Morris

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Lockbox Self Storage LLC - Mount Morris, ILMount Morris, ILIndependent3MembersMembersMembersMembers
Mid-America Plastic CoMount Morris, ILIndependent1MembersMembersMembersMembers
Mt Morris Storage SolutionsMount Morris, ILIndependent1MembersMembersMembersMembers
White Eagle StorageMount Morris, ILIndependent18MembersMembersMembersMembers

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
Oregon IL5 mi40 / 100Pass
Polo IL9 mi45 / 100Pass
Byron IL10 mi43 / 100Pass
Dixon IL14 mi15 / 100Pass
Davis Junction IL17 mi-2 / 100Fail
Winnebago IL18 mi11 / 100Fail

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

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