Solomons, MD self-storage market

Population 2,440. Passes the self-storage screen with 40 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
40 / 100Pass

Passes the screen

0Population 2,440: in the 2,000 to 20,000 scope
+25Income $95k: $70k+, best
+15Population +14.4% since 2015-2019: growing 10%+, best
+5Renters 29.4%: 20% to 30%, ok
-1018 storage facilities within 10 mi (7 chain): 11+, penalty
-107 chain or REIT facilities within 10 mi
+15Supply 4.3 sq ft per person (263,148 sq ft / market population 61,652, 89% of facilities sized): under 7 sq ft, best
40Total, out of 100
Storage sq ft per person, 10 miles
4.3
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. 89% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,440
Residents of the Census place, ACS 5-year 2020 to 2024. 61,652 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$94,963
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+14.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
29.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
18
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 7 of them are chains or REITs.
Facilities whose nearest town is Solomons
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Solomons

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Dowell Road Self StorageSolomons, MDIndependent10MembersMembersMembersMembers
Solomons Self StorageSolomons, MDIndependent8MembersMembersMembersMembers

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

Showing 2 of 2 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
Drum Point MD2 mi35 / 100Pass
Lusby MD2 mi40 / 100Pass
Chesapeake Ranch Estates MD3 mi12 / 100Fail
California MD3 mi13 / 100Fail
Wildewood MD5 mi28 / 100Pass
Lexington Park MD6 mi45 / 100Pass

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

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