New Carrollton, MD self-storage market

Population 13,564. Passes the self-storage screen with 38 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
38 / 100Pass

Passes the screen

0Population 13,564: in the 2,000 to 20,000 scope
+25Income $82k: $70k+, best
+8Population +4.9% since 2015-2019: growing 2% to 10%, good
+10Renters 45.9%: 40%+, best
-1048 storage facilities within 10 mi (44 chain): 11+, penalty
-1044 chain or REIT facilities within 10 mi
+15Supply 0.7 sq ft per person (1,070,121 sq ft / market population 1,534,704, 83% of facilities sized): under 7 sq ft, best
38Total, out of 100
Storage sq ft per person, 10 miles
0.7
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. 83% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
13,564
Residents of the Census place, ACS 5-year 2020 to 2024. 1,534,704 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$81,509
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+4.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
45.9%
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. 44 of them are chains or REITs.
Facilities whose nearest town is New Carrollton
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near New Carrollton

No facility lists New Carrollton as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Woodlawn MD2 mi35 / 100Pass
Seabrook MD2 mi28 / 100Pass
Landover Hills MD2 mi28 / 100Pass
East Riverdale MD2 mi45 / 100Pass
Lanham MD2 mi33 / 100Pass
Riverdale Park MD3 mi30 / 100Pass

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

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