Violet, LA self-storage market

Population 4,122. Fails the self-storage screen with -5 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-5 / 100Fail

Fails the screen

0Population 4,122: in the 2,000 to 20,000 scope
+15Income $51k: $50k to $65k, ok
-15Population -28.4% since 2015-2019: shrinking 5%+, penalty
0Renters 14.1%: under 20%, low
-1016 storage facilities within 10 mi (9 chain): 11+, penalty
-109 chain or REIT facilities within 10 mi
+15Supply 3.6 sq ft per person (384,893 sq ft / market population 107,783, 88% of facilities sized): under 7 sq ft, best
0Score -5 is under the pass mark 15
-5Total, out of 100
Storage sq ft per person, 10 miles
3.6
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. 88% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,122
Residents of the Census place, ACS 5-year 2020 to 2024. 107,783 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$51,038
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-28.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
14.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
16
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 9 of them are chains or REITs.
Facilities whose nearest town is Violet
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Violet

No facility lists Violet as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Poydras LA3 mi0 / 100Fail
Meraux LA3 mi35 / 100Pass
Belle Chasse LA7 mi10 / 100Fail
Arabi LA7 mi26 / 100Pass
Timberlane LA8 mi28 / 100Pass
New Orleans Station LA9 mi20 / 100Pass

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

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