Salem, IL self-storage market

Population 7,236. Passes the self-storage screen with 51 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
51 / 100Pass

Passes the screen

0Population 7,236: in the 2,000 to 20,000 scope
+15Income $60k: $50k to $65k, ok
+8Population +3% since 2015-2019: growing 2% to 10%, good
+8Renters 35%: 30% to 40%, good
+56 storage facilities within 10 mi (0 chain): 4 to 6, good
+15Supply 2.4 sq ft per person (25,518 sq ft / market population 10,669): under 7 sq ft, best
51Total, 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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
7,236
Residents of the Census place, ACS 5-year 2020 to 2024. 10,669 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$59,728
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+3.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
35.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
6
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 Salem
6
6 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Salem

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Complete StorageSalem, ILIndependent1MembersMembersMembersMembers
Johnson's Self StorageSalem, ILIndependent2MembersMembersMembersMembers
Lock N Roll Self storageSalem, ILIndependent1MembersMembersMembersMembers
Purple Elephant StorageSalem, ILIndependent5MembersMembersMembersMembers
Red Roof Storage & PlazaSalem, ILIndependent1MembersMembersMembersMembers
Store-N-Lock StorageSalem, ILIndependent1MembersMembersMembersMembers

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

Showing 6 of 6 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
Centralia IL11 mi5 / 100Fail
Mount Vernon IL22 mi22 / 100Pass
Carlyle IL22 mi5 / 100Fail
Vandalia IL25 mi13 / 100Fail
Flora IL26 mi15 / 100Pass
Greenville IL29 mi41 / 100Pass

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

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