Hopedale, MA self-storage market

Population 4,360. Passes the self-storage screen with 40 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
40 / 100Pass

Passes the screen

0Population 4,360: in the 2,000 to 20,000 scope
+25Income $108k: $70k+, best
+15Population +29.6% since 2015-2019: growing 10%+, best
+5Renters 25.4%: 20% to 30%, ok
-1029 storage facilities within 10 mi (14 chain): 11+, penalty
-1014 chain or REIT facilities within 10 mi
+15Supply 5.1 sq ft per person (668,822 sq ft / market population 130,853, 83% of facilities sized): under 7 sq ft, best
40Total, out of 100
Storage sq ft per person, 10 miles
5.1
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. 83% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,360
Residents of the Census place, ACS 5-year 2020 to 2024. 130,853 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$107,909
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+29.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
25.4%
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. 14 of them are chains or REITs.
Facilities whose nearest town is Hopedale
5
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Hopedale

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
CubeSmart Self StorageHopedale, MAChain or REIT68MembersMembersMembersMembers
CubeSmart Self StorageHopedale, MAChain or REIT285MembersMembersMembersMembers
Mendon Secure StorageHopedale, MAIndependent37MembersMembersMembersMembers
Optum StorageHopedale, MAIndependent0MembersMembersMembersMembers
Store Space Self StorageHopedale, MAChain or REIT116MembersMembersMembersMembers

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
Bellingham MA4 mi43 / 100Pass
Upton MA5 mi38 / 100Pass
Whitinsville MA7 mi0 / 100Fail
Hopkinton MA7 mi35 / 100Pass
East Douglas MA10 mi13 / 100Fail
Cordaville MA10 mi20 / 100Pass

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

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