Seat Pleasant, MD self-storage market

Population 4,489. Fails the self-storage screen with 5 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
5 / 100Fail

Fails the screen

0Population 4,489: in the 2,000 to 20,000 scope
+15Income $57k: $50k to $65k, ok
-15Population -5.3% since 2015-2019: shrinking 5%+, penalty
+10Renters 48.5%: 40%+, best
-1053 storage facilities within 10 mi (45 chain): 11+, penalty
-1045 chain or REIT facilities within 10 mi
+15Supply 0.8 sq ft per person (1,229,289 sq ft / market population 1,535,090, 81% of facilities sized): under 7 sq ft, best
0Score 5 is under the pass mark 15
5Total, 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. 81% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,489
Residents of the Census place, ACS 5-year 2020 to 2024. 1,535,090 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$57,018
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-5.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
48.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
53
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 45 of them are chains or REITs.
Facilities whose nearest town is Seat Pleasant
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Seat Pleasant

No facility lists Seat Pleasant as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Peppermill MD1 mi40 / 100Pass
Cedar Heights MD1 mi30 / 100Pass
Capitol Heights MD1 mi10 / 100Fail
Walker Mill MD2 mi28 / 100Pass
Summerfield MD2 mi38 / 100Pass
Coral Hills MD2 mi35 / 100Pass

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

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