Savage, MD self-storage market

Population 8,239. Passes the self-storage screen with 45 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
45 / 100Pass

Passes the screen

0Population 8,239: in the 2,000 to 20,000 scope
+25Income $117k: $70k+, best
+15Population +28.2% since 2015-2019: growing 10%+, best
+10Renters 41.4%: 40%+, best
-1036 storage facilities within 10 mi (28 chain): 11+, penalty
-1028 chain or REIT facilities within 10 mi
+15Supply 1 sq ft per person (689,362 sq ft / market population 672,698, 75% of facilities sized): under 7 sq ft, best
45Total, out of 100
Storage sq ft per person, 10 miles
1.0
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. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
8,239
Residents of the Census place, ACS 5-year 2020 to 2024. 672,698 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$116,895
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+28.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
41.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
36
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 28 of them are chains or REITs.
Facilities whose nearest town is Savage
6
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Savage

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageSavage, MDChain or REIT688MembersMembersMembersMembers
Extra Space StorageSavage, MDChain or REIT139MembersMembersMembersMembers
Freestate Self StorageSavage, MDIndependent158MembersMembersMembersMembers
Public StorageSavage, MDChain or REIT781MembersMembersMembersMembers
Public StorageSavage, MDChain or REIT543MembersMembersMembersMembers
Route 1 Self StorageSavage, MDIndependent279MembersMembersMembersMembers

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
Jessup MD2 mi38 / 100Pass
Maryland MD3 mi36 / 100Pass
Scaggsville MD3 mi28 / 100Pass
West Laurel MD4 mi20 / 100Pass
Fulton MD5 mi40 / 100Pass
Fort Meade MD5 mi38 / 100Pass

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

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