Spring Ridge, MD self-storage market

Population 5,922. Passes the self-storage screen with 20 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
20 / 100Pass

Passes the screen

0Population 5,922: in the 2,000 to 20,000 scope
+25Income $146k: $70k+, best
0Population +0.8% since 2015-2019: flat (within 2%), ok
0Renters 12.6%: under 20%, low
-1024 storage facilities within 10 mi (15 chain): 11+, penalty
-1015 chain or REIT facilities within 10 mi
+15Supply 4.3 sq ft per person (776,855 sq ft / market population 181,875, 92% of facilities sized): under 7 sq ft, best
20Total, 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. 92% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,922
Residents of the Census place, ACS 5-year 2020 to 2024. 181,875 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$145,625
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+0.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
12.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
24
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 15 of them are chains or REITs.
Facilities whose nearest town is Spring Ridge
2
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Spring Ridge

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageSpring Ridge, MDChain or REIT506MembersMembersMembersMembers
Public StorageSpring Ridge, MDChain or REIT502MembersMembersMembersMembers

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
Bartonsville MD1 mi35 / 100Pass
Linganore MD2 mi35 / 100Pass
Monrovia MD5 mi35 / 100Pass
Urbana MD5 mi35 / 100Pass
Walkersville MD6 mi28 / 100Pass
Green Valley MD7 mi20 / 100Pass

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

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