Hillandale, MD self-storage market

Population 5,060. Fails the self-storage screen with 5 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
5 / 100Fail

Fails the screen

0Population 5,060: in the 2,000 to 20,000 scope
+25Income $165k: $70k+, best
-15Population -22% since 2015-2019: shrinking 5%+, penalty
0Renters 7.9%: under 20%, low
-1045 storage facilities within 10 mi (39 chain): 11+, penalty
-1039 chain or REIT facilities within 10 mi
+15Supply 0.6 sq ft per person (1,028,460 sq ft / market population 1,724,433, 96% of facilities sized): under 7 sq ft, best
0Score 5 is under the pass mark 15
5Total, 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. 96% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,060
Residents of the Census place, ACS 5-year 2020 to 2024. 1,724,433 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$164,871
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-22.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
7.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
45
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 39 of them are chains or REITs.
Facilities whose nearest town is Hillandale
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Hillandale

No facility lists Hillandale as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Burnt Mills MD1 mi20 / 100Pass
White Oak MD1 mi15 / 100Pass
Four Corners MD2 mi20 / 100Pass
Adelphi MD2 mi38 / 100Pass
Calverton MD3 mi36 / 100Pass
Kemp Mill MD3 mi5 / 100Fail

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

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