Monrovia, IN self-storage market

Population 2,055. Passes the self-storage screen with 36 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
36 / 100Pass

Passes the screen

0Population 2,055: in the 2,000 to 20,000 scope
+25Income $92k: $70k+, best
+15Population +27.6% since 2015-2019: growing 10%+, best
0Renters 11.1%: under 20%, low
-1019 storage facilities within 10 mi (2 chain): 11+, penalty
-42 chain or REIT facilities within 10 mi
+10Supply 7.2 sq ft per person (393,710 sq ft / market population 54,824, 89% of facilities sized): 7 to 8.5 sq ft, good
36Total, out of 100
Storage sq ft per person, 10 miles
7.2
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
2,055
Residents of the Census place, ACS 5-year 2020 to 2024. 54,824 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$92,344
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+27.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
11.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
19
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 2 of them are chains or REITs.
Facilities whose nearest town is Monrovia
3
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Monrovia

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Attic SelfstorMonrovia, INIndependent38MembersMembersMembersMembers
Eagle Self StorageMonrovia, INIndependent17MembersMembersMembersMembers
Stephenson Self StorageMonrovia, INIndependent13MembersMembersMembersMembers

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

Showing 3 of 3 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
Mooresville IN6 mi3 / 100Fail
Brooklyn IN6 mi4 / 100Fail
Martinsville IN12 mi24 / 100Pass
Danville IN12 mi39 / 100Pass
Bargersville IN16 mi30 / 100Pass
Heritage Lake IN16 mi45 / 100Pass

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

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