Paramount-Long Meadow, MD self-storage market

Population 2,569. Fails the self-storage screen with 13 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
13 / 100Fail

Fails the screen

0Population 2,569: in the 2,000 to 20,000 scope
+25Income $122k: $70k+, best
-15Population -16.1% since 2015-2019: shrinking 5%+, penalty
0Renters 18.8%: under 20%, low
-1042 storage facilities within 10 mi (1 chain): 11+, penalty
-21 chain or REIT facilities within 10 mi
+15Supply 6.5 sq ft per person (763,237 sq ft / market population 116,697, 79% of facilities sized): under 7 sq ft, best
0Score 13 is under the pass mark 15
13Total, out of 100
Storage sq ft per person, 10 miles
6.5
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. 79% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,569
Residents of the Census place, ACS 5-year 2020 to 2024. 116,697 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$122,262
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-16.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
18.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
42
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 1 of them are chains or REITs.
Facilities whose nearest town is Paramount-Long Meadow
6
6 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Paramount-Long Meadow

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Beaver Creek Storage - Mulberry St.Paramount-Long Meadow, MDIndependent11MembersMembersMembersMembers
Longmeadow Stor-ItParamount-Long Meadow, MDIndependent15MembersMembersMembersMembers
North End StorageParamount-Long Meadow, MDIndependent0MembersMembersMembersMembers
North End StorageParamount-Long Meadow, MDIndependent9MembersMembersMembersMembers
Pope Self Storage Pangborn BlvdParamount-Long Meadow, MDIndependent2MembersMembersMembersMembers
Valley Storage - Hagerstown - Leitersburg PikeParamount-Long Meadow, MDIndependent186MembersMembersMembersMembers

Lead score runs 0 to 100, higher = better lead. Lead Weak Fail

Showing 6 of 6 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
Fountainhead-Orchard Hills MD1 mi43 / 100Pass
Maugansville MD3 mi48 / 100Pass
Robinwood MD4 mi48 / 100Pass
State Line PA4 mi48 / 100Pass
Halfway MD6 mi35 / 100Pass
Smithsburg MD6 mi44 / 100Pass

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

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