Andover, MA self-storage market
Population 9,451. Passes the self-storage screen with 36 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
36 / 100PassPasses the screen
0Population 9,451: in the 2,000 to 20,000 scope
+25Income $127k: $70k+, best
+8Population +6% since 2015-2019: growing 2% to 10%, good
+8Renters 33.9%: 30% to 40%, good
-1029 storage facilities within 10 mi (22 chain): 11+, penalty
-1022 chain or REIT facilities within 10 mi
+15Supply 2 sq ft per person (805,772 sq ft / market population 411,493, 90% of facilities sized): under 7 sq ft, best
36Total, out of 100
Storage sq ft per person, 10 miles
2.0
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
9,451
Residents of the Census place, ACS 5-year 2020 to 2024. 411,493 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$126,563
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+6.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
33.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
29
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 Andover
14
2 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Andover
| Facility | Nearest town | Type | Reviews on Maps | Est. units Members only | Website Members only | Phone Members only | Lead scorehigher = better lead Members only |
|---|---|---|---|---|---|---|---|
| CubeSmart Self Storage | Andover, MA | Chain or REIT | 192 | Members | Members | Members | Members |
| CubeSmart Self Storage | Andover, MA | Chain or REIT | 359 | Members | Members | Members | Members |
| Extra Space Storage | Andover, MA | Chain or REIT | 287 | Members | Members | Members | Members |
| Extra Space Storage | Andover, MA | Chain or REIT | 585 | Members | Members | Members | Members |
| Extra Space Storage | Andover, MA | Chain or REIT | 492 | Members | Members | Members | Members |
| Extra Space Storage | Andover, MA | Chain or REIT | 581 | Members | Members | Members | Members |
| Extra Space Storage | Andover, MA | Chain or REIT | 733 | Members | Members | Members | Members |
| Extra Space Storage | Andover, MA | Chain or REIT | 874 | Members | Members | Members | Members |
| Extra Space Storage | Andover, MA | Chain or REIT | 16 | Members | Members | Members | Members |
| Extra Space Storage | Andover, MA | Chain or REIT | 397 | Members | Members | Members | Members |
| Hampshire Road Self-Storage | Andover, MA | Independent | 49 | Members | Members | Members | Members |
| Northeast Storage | Andover, MA | Independent | 37 | Members | Members | Members | Members |
| Prime Storage | Andover, MA | Chain or REIT | 318 | Members | Members | Members | Members |
| Public Storage | Andover, MA | Chain or REIT | 468 | Members | Members | Members | Members |
Lead score runs 0 to 100, higher = better lead. Lead Weak Fail
Showing 14 of 14 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.
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