Somerset, MA self-storage market

Population 18,298. Passes the self-storage screen with 20 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
20 / 100Pass

Passes the screen

0Population 18,298: in the 2,000 to 20,000 scope
+25Income $113k: $70k+, best
0Population +0.7% since 2015-2019: flat (within 2%), ok
0Renters 13.1%: under 20%, low
-1027 storage facilities within 10 mi (13 chain): 11+, penalty
-1013 chain or REIT facilities within 10 mi
+15Supply 3.3 sq ft per person (420,712 sq ft / market population 129,213, 67% of facilities sized): under 7 sq ft, best
0Map point moved 1.2 mi from the Census internal point to the population center
20Total, out of 100
Storage sq ft per person, 10 miles
3.3
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. 67% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
18,298
Residents of the Census place, ACS 5-year 2020 to 2024. 129,213 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$112,677
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+0.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
13.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
27
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 Somerset
3
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Somerset

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Alperts StorageSomerset, MAIndependent1MembersMembersMembersMembers
Assonet Mini StorageSomerset, MAIndependent12MembersMembersMembersMembers
Public StorageSomerset, MAChain or REIT168MembersMembersMembersMembers

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

Showing 3 of 3 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
Ocean Grove MA3 mi35 / 100Pass
Tiverton RI7 mi33 / 100Pass
North Westport MA8 mi40 / 100Pass
Smith Mills MA12 mi15 / 100Pass
North Seekonk MA13 mi35 / 100Pass
North Lakeville MA13 mi28 / 100Pass

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

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