Scaggsville, MD self-storage market

Population 10,564. 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 10,564: in the 2,000 to 20,000 scope
+25Income $207k: $70k+, best
+8Population +8.3% since 2015-2019: growing 2% to 10%, good
0Renters 7.7%: under 20%, low
-1037 storage facilities within 10 mi (28 chain): 11+, penalty
-1028 chain or REIT facilities within 10 mi
+15Supply 1.3 sq ft per person (672,497 sq ft / market population 535,593, 78% of facilities sized): under 7 sq ft, best
28Total, out of 100
Storage sq ft per person, 10 miles
1.3
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. 78% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
10,564
Residents of the Census place, ACS 5-year 2020 to 2024. 535,593 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$207,220
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+8.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
7.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
37
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 Scaggsville
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Scaggsville

No facility lists Scaggsville as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Fulton MD2 mi40 / 100Pass
West Laurel MD2 mi20 / 100Pass
Savage MD3 mi45 / 100Pass
Burtonsville MD4 mi33 / 100Pass
Konterra MD4 mi35 / 100Pass
Maryland MD5 mi36 / 100Pass

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

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