Boonsboro, MD self-storage market

Population 3,809. Passes the self-storage screen with 43 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
43 / 100Pass

Passes the screen

0Population 3,809: in the 2,000 to 20,000 scope
+25Income $96k: $70k+, best
+8Population +7.1% since 2015-2019: growing 2% to 10%, good
+5Renters 21%: 20% to 30%, ok
-1019 storage facilities within 10 mi (0 chain): 11+, penalty
+15Supply 3.5 sq ft per person (310,843 sq ft / market population 89,802, 68% of facilities sized): under 7 sq ft, best
43Total, out of 100
Storage sq ft per person, 10 miles
3.5
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. 68% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,809
Residents of the Census place, ACS 5-year 2020 to 2024. 89,802 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$95,956
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+7.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
21.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
19
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 0 of them are chains or REITs.
Facilities whose nearest town is Boonsboro
1
1 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Boonsboro

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Boxed Inn StorageBoonsboro, MDIndependent3MembersMembersMembersMembers

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

Showing 1 of 1 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
Myersville MD5 mi37 / 100Pass
St. James MD6 mi50 / 100Pass
Robinwood MD8 mi48 / 100Pass
Middletown MD8 mi28 / 100Pass
Halfway MD9 mi35 / 100Pass
Smithsburg MD11 mi44 / 100Pass

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

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