Morganfield, KY self-storage market

Population 3,185. Passes the self-storage screen with 35 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
35 / 100Pass

Passes the screen

0Population 3,185: in the 2,000 to 20,000 scope
+20Income $66k: $65k to $70k, good
-15Population -6.9% since 2015-2019: shrinking 5%+, penalty
+10Renters 42.7%: 40%+, best
+54 storage facilities within 10 mi (0 chain): 4 to 6, good
+15Supply 3.1 sq ft per person (18,475 sq ft / market population 5,929, 75% of facilities sized): under 7 sq ft, best
0Map point moved 2.1 mi from the Census internal point to the population center
35Total, out of 100
Storage sq ft per person, 10 miles
3.1
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. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,185
Residents of the Census place, ACS 5-year 2020 to 2024. 5,929 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$65,829
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-6.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
42.7%
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. 0 of them are chains or REITs.
Facilities whose nearest town is Morganfield
4
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Morganfield

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
CJ Storage LLCMorganfield, KYIndependent0MembersMembersMembersMembers
Lighthouse StorageMorganfield, KYIndependent128MembersMembersMembersMembers
Morganfield ExpressMorganfield, KYIndependent1MembersMembersMembersMembers
Young's Rental & StorageMorganfield, KYIndependent24MembersMembersMembersMembers

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

Showing 4 of 4 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
Mount Vernon IN17 mi-10 / 100Fail
Providence KY22 mi35 / 100Pass
Marion KY26 mi0 / 100Fail
Eldorado IL30 mi8 / 100Fail
Carmi IL31 mi38 / 100Pass
Highland IN32 mi35 / 100Pass

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

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