Norridge, IL self-storage market

Population 15,439. Passes the self-storage screen with 28 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
28 / 100Pass

Passes the screen

0Population 15,439: in the 2,000 to 20,000 scope
+25Income $88k: $70k+, best
+8Population +5% since 2015-2019: growing 2% to 10%, good
0Renters 17.6%: under 20%, low
-1077 storage facilities within 10 mi (73 chain): 11+, penalty
-1073 chain or REIT facilities within 10 mi
+15Supply 2.4 sq ft per person (2,574,813 sq ft / market population 1,091,697, 83% of facilities sized): under 7 sq ft, best
28Total, out of 100
Storage sq ft per person, 10 miles
2.4
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. 83% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
15,439
Residents of the Census place, ACS 5-year 2020 to 2024. 1,091,697 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$87,807
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+5.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
17.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
77
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 73 of them are chains or REITs.
Facilities whose nearest town is Norridge
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Norridge

No facility lists Norridge as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Harwood Heights IL1 mi38 / 100Pass
Schiller Park IL2 mi25 / 100Pass
River Grove IL3 mi33 / 100Pass
Rosemont IL3 mi5 / 100Fail
Franklin Park IL3 mi25 / 100Pass
River Forest IL5 mi28 / 100Pass

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

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