Highland Heights, KY self-storage market

Population 6,444. Fails the self-storage screen with 3 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
3 / 100Fail

Fails the screen

0Population 6,444: in the 2,000 to 20,000 scope
+15Income $53k: $50k to $65k, ok
-15Population -9.9% since 2015-2019: shrinking 5%+, penalty
+8Renters 37.5%: 30% to 40%, good
-1050 storage facilities within 10 mi (22 chain): 11+, penalty
-1022 chain or REIT facilities within 10 mi
+15Supply 2.4 sq ft per person (1,527,723 sq ft / market population 640,508, 84% of facilities sized): under 7 sq ft, best
0Score 3 is under the pass mark 15
3Total, 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. 84% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
6,444
Residents of the Census place, ACS 5-year 2020 to 2024. 640,508 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$53,275
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-9.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
37.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
50
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 22 of them are chains or REITs.
Facilities whose nearest town is Highland Heights
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Highland Heights

No facility lists Highland Heights as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Wilder KY1 mi20 / 100Pass
Cold Spring KY2 mi20 / 100Pass
Southgate KY2 mi5 / 100Fail
Taylor Mill KY3 mi28 / 100Pass
Fort Thomas KY3 mi33 / 100Pass
Newport KY4 mi5 / 100Fail

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

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