Palos Park, IL self-storage market
Population 4,816. Passes the self-storage screen with 20 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
20 / 100PassPasses the screen
0Population 4,816: in the 2,000 to 20,000 scope
+25Income $122k: $70k+, best
0Population -0.5% since 2015-2019: flat (within 2%), ok
0Renters 10.2%: under 20%, low
-1045 storage facilities within 10 mi (41 chain): 11+, penalty
-1041 chain or REIT facilities within 10 mi
+15Supply 2.7 sq ft per person (1,835,047 sq ft / market population 685,714, 89% of facilities sized): under 7 sq ft, best
0Map point moved 2.5 mi from the Census internal point to the population center
20Total, out of 100
Storage sq ft per person, 10 miles
2.7
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
4,816
Residents of the Census place, ACS 5-year 2020 to 2024. 685,714 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$121,696
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-0.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
10.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
45
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 41 of them are chains or REITs.
Facilities whose nearest town is Palos Park
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Palos Park
No facility lists Palos Park as its nearest scored town.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Palos Hills IL | 3 mi | 33 / 100Pass |
| Palos Heights IL | 4 mi | 12 / 100Fail |
| Willow Springs IL | 4 mi | 28 / 100Pass |
| Hickory Hills IL | 5 mi | 33 / 100Pass |
| Worth IL | 5 mi | 18 / 100Pass |
| Lemont IL | 5 mi | 28 / 100Pass |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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