Oakland, IN self-storage market

Population 2,262. Passes the self-storage screen with 16 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
16 / 100Pass

Passes the screen

0Population 2,262: in the 2,000 to 20,000 scope
+5Income $49k: $45k to $50k, weak
-15Population -12.2% since 2015-2019: shrinking 5%+, penalty
+8Renters 40%: 30% to 40%, good
+54 storage facilities within 10 mi (1 chain): 4 to 6, good
-21 chain or REIT facilities within 10 mi
+15Supply 2.3 sq ft per person (13,074 sq ft / market population 5,600, 50% of facilities sized): under 7 sq ft, best
16Total, out of 100
Storage sq ft per person, 10 miles
2.3
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. 50% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,262
Residents of the Census place, ACS 5-year 2020 to 2024. 5,600 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$48,850
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-12.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
40.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
4
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 1 of them are chains or REITs.
Facilities whose nearest town is Oakland
3
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Oakland

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageOakland, INChain or REIT39MembersMembersMembersMembers
Store N Lock Oakland CityOakland, INIndependent0MembersMembersMembersMembers
Stow-A-Way Self StorageOakland, INIndependent0MembersMembersMembersMembers

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
Petersburg IN11 mi38 / 100Pass
Princeton IN13 mi19 / 100Pass
Fort Branch IN14 mi17 / 100Pass
Boonville IN21 mi-15 / 100Fail
Chandler IN21 mi35 / 100Pass
Huntingburg IN21 mi21 / 100Pass

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

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