Middletown, IN self-storage market

Population 2,235. Fails the self-storage screen with -15 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-15 / 100Fail

Fails the screen

0Population 2,235: in the 2,000 to 20,000 scope
+15Income $56k: $50k to $65k, ok
-15Population -13% since 2015-2019: shrinking 5%+, penalty
+8Renters 32.6%: 30% to 40%, good
-1028 storage facilities within 10 mi (4 chain): 11+, penalty
-84 chain or REIT facilities within 10 mi
-5Supply 9 sq ft per person (686,997 sq ft / market population 76,215, 86% of facilities sized): 9 to 10 sq ft, caution
0Score -15 is under the pass mark 15
-15Total, out of 100
Storage sq ft per person, 10 miles
9.0
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. 86% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,235
Residents of the Census place, ACS 5-year 2020 to 2024. 76,215 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$56,008
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-13.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
32.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
28
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 4 of them are chains or REITs.
Facilities whose nearest town is Middletown
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Middletown

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
BDC StorageMiddletown, INIndependent1MembersMembersMembersMembers
Central Self StorageMiddletown, INIndependent1MembersMembersMembersMembers

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

Showing 2 of 2 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
Chesterfield IN5 mi-5 / 100Fail
Yorktown IN9 mi23 / 100Pass
Edgewood IN11 mi-10 / 100Fail
Pendleton IN12 mi30 / 100Pass
New Castle IN13 mi-2 / 100Fail
Ingalls IN16 mi40 / 100Pass

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

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