Morgantown, KY self-storage market

Population 2,479. Fails the self-storage screen with 0 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
0 / 100Fail

Fails the screen

0Population 2,479: in the 2,000 to 20,000 scope
0Income $38k: under $45k, hard fail
-15Population -6.5% since 2015-2019: shrinking 5%+, penalty
+10Renters 68.9%: 40%+, best
+102 storage facilities within 10 mi (0 chain): 0 to 3, best
-5Supply 9.3 sq ft per person (23,929 sq ft / market population 2,563): 9 to 10 sq ft, caution
0Total, out of 100
Storage sq ft per person, 10 miles
9.3
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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,479
Residents of the Census place, ACS 5-year 2020 to 2024. 2,563 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$37,604
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-6.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
68.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
2
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 Morgantown
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Morgantown

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
A & P Self StorageMorgantown, KYIndependent18MembersMembersMembersMembers
Chad's Body Shop & Wrecker Service LLCMorgantown, KYIndependent88MembersMembersMembersMembers

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
Beaver Dam KY16 mi10 / 100Fail
Hartford KY19 mi0 / 100Fail
Central KY24 mi8 / 100Fail
Greenville KY26 mi4 / 100Fail
Russellville KY28 mi8 / 100Fail
Leitchfield KY29 mi25 / 100Fail

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

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