Chevy Chase, MD self-storage market

Population 2,906. Fails the self-storage screen with 12 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
12 / 100Fail

Fails the screen

0Population 2,906: in the 2,000 to 20,000 scope
+25Income $250k: $70k+, best
-8Population -2.3% since 2015-2019: shrinking 2% to 5%, penalty
0Renters 6.3%: under 20%, low
-1050 storage facilities within 10 mi (42 chain): 11+, penalty
-1042 chain or REIT facilities within 10 mi
+15Supply 0.6 sq ft per person (1,132,634 sq ft / market population 1,983,347, 88% of facilities sized): under 7 sq ft, best
0Score 12 is under the pass mark 15
12Total, out of 100
Storage sq ft per person, 10 miles
0.6
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
2,906
Residents of the Census place, ACS 5-year 2020 to 2024. 1,983,347 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$250,001
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
6.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
50
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 42 of them are chains or REITs.
Facilities whose nearest town is Chevy Chase
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Chevy Chase

No facility lists Chevy Chase as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Chevy Chase MD1 mi25 / 100Pass
Friendship Heights MD1 mi15 / 100Pass
South Kensington MD3 mi5 / 100Fail
Brookmont MD3 mi10 / 100Fail
Kensington MD3 mi45 / 100Pass
Forest Glen MD3 mi36 / 100Pass

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

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