Lanham, MD self-storage market

Population 11,433. Passes the self-storage screen with 33 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
33 / 100Pass

Passes the screen

0Population 11,433: in the 2,000 to 20,000 scope
+25Income $104k: $70k+, best
+8Population +2.8% since 2015-2019: growing 2% to 10%, good
+5Renters 23.2%: 20% to 30%, ok
-1054 storage facilities within 10 mi (46 chain): 11+, penalty
-1046 chain or REIT facilities within 10 mi
+15Supply 1.6 sq ft per person (1,233,815 sq ft / market population 776,341, 80% of facilities sized): under 7 sq ft, best
33Total, out of 100
Storage sq ft per person, 10 miles
1.6
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. 80% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
11,433
Residents of the Census place, ACS 5-year 2020 to 2024. 776,341 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$103,556
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+2.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
23.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
54
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 46 of them are chains or REITs.
Facilities whose nearest town is Lanham
1
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lanham

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageLanham, MDChain or REIT1,184MembersMembersMembersMembers

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
Seabrook MD2 mi28 / 100Pass
Springdale MD2 mi35 / 100Pass
New Carrollton MD2 mi38 / 100Pass
Mitchellville MD2 mi20 / 100Pass
Glenarden MD2 mi33 / 100Pass
Glenn Dale MD3 mi28 / 100Pass

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

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