Colesville, MD self-storage market

Population 14,519. Passes the self-storage screen with 28 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
28 / 100Pass

Passes the screen

0Population 14,519: in the 2,000 to 20,000 scope
+25Income $131k: $70k+, best
+8Population +3.8% since 2015-2019: growing 2% to 10%, good
0Renters 17%: under 20%, low
-1046 storage facilities within 10 mi (36 chain): 11+, penalty
-1036 chain or REIT facilities within 10 mi
+15Supply 0.8 sq ft per person (802,850 sq ft / market population 1,023,478, 87% of facilities sized): under 7 sq ft, best
28Total, out of 100
Storage sq ft per person, 10 miles
0.8
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. 87% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
14,519
Residents of the Census place, ACS 5-year 2020 to 2024. 1,023,478 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$130,682
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+3.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
17.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
46
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 36 of them are chains or REITs.
Facilities whose nearest town is Colesville
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Colesville

No facility lists Colesville as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
White Oak MD2 mi15 / 100Pass
Cloverly MD2 mi28 / 100Pass
Layhill MD2 mi28 / 100Pass
Kemp Mill MD2 mi5 / 100Fail
Glenmont MD2 mi36 / 100Pass
Burnt Mills MD3 mi20 / 100Pass

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

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