Merrydale, LA self-storage market

Population 9,490. Fails the self-storage screen with 8 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
8 / 100Fail

Fails the screen

0Population 9,490: in the 2,000 to 20,000 scope
0Income $42k: under $45k, hard fail
+8Population +6.6% since 2015-2019: growing 2% to 10%, good
+5Renters 26.3%: 20% to 30%, ok
-1069 storage facilities within 10 mi (13 chain): 11+, penalty
-1013 chain or REIT facilities within 10 mi
+15Supply 6.7 sq ft per person (2,359,188 sq ft / market population 353,270, 90% of facilities sized): under 7 sq ft, best
8Total, out of 100
Storage sq ft per person, 10 miles
6.7
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. 90% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
9,490
Residents of the Census place, ACS 5-year 2020 to 2024. 353,270 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$41,500
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+6.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
26.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
69
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 13 of them are chains or REITs.
Facilities whose nearest town is Merrydale
5
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Merrydale

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageMerrydale, LAChain or REIT821MembersMembersMembersMembers
Extra Space StorageMerrydale, LAChain or REIT254MembersMembersMembersMembers
Extra Space StorageMerrydale, LAChain or REIT89MembersMembersMembersMembers
The Storage Center - Baton Rouge, LouisianaMerrydale, LAIndependent477MembersMembersMembersMembers
The Storage Center - Baton Rouge, LouisianaMerrydale, LAIndependent310MembersMembersMembersMembers

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

Showing 5 of 5 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
Brownfields LA3 mi5 / 100Fail
Monticello LA4 mi5 / 100Fail
Westminster LA6 mi10 / 100Fail
Baker LA6 mi3 / 100Fail
Port Allen LA7 mi18 / 100Pass
Inniswold LA7 mi36 / 100Pass

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

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