Layhill, MD self-storage market

Population 5,497. 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 5,497: in the 2,000 to 20,000 scope
+25Income $146k: $70k+, best
+8Population +5.4% since 2015-2019: growing 2% to 10%, good
0Renters 15.2%: under 20%, low
-1048 storage facilities within 10 mi (40 chain): 11+, penalty
-1040 chain or REIT facilities within 10 mi
+15Supply 0.8 sq ft per person (839,130 sq ft / market population 1,011,152, 94% 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. 94% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,497
Residents of the Census place, ACS 5-year 2020 to 2024. 1,011,152 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$146,308
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+5.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
15.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
48
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 40 of them are chains or REITs.
Facilities whose nearest town is Layhill
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Layhill

No facility lists Layhill as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Glenmont MD1 mi36 / 100Pass
Leisure World MD2 mi10 / 100Fail
Colesville MD2 mi28 / 100Pass
Cloverly MD3 mi28 / 100Pass
Kemp Mill MD3 mi5 / 100Fail
North Kensington MD4 mi25 / 100Pass

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

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