Timonium, MD self-storage market

Population 10,304. Passes the self-storage screen with 17 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
17 / 100Pass

Passes the screen

0Population 10,304: in the 2,000 to 20,000 scope
+25Income $120k: $70k+, best
-8Population -2.4% since 2015-2019: shrinking 2% to 5%, penalty
+5Renters 22.7%: 20% to 30%, ok
-1038 storage facilities within 10 mi (30 chain): 11+, penalty
-1030 chain or REIT facilities within 10 mi
+15Supply 2.8 sq ft per person (980,784 sq ft / market population 355,986, 87% of facilities sized): under 7 sq ft, best
17Total, out of 100
Storage sq ft per person, 10 miles
2.8
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. 87% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
10,304
Residents of the Census place, ACS 5-year 2020 to 2024. 355,986 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$119,863
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
22.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
38
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 30 of them are chains or REITs.
Facilities whose nearest town is Timonium
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Timonium

No facility lists Timonium as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Lutherville MD2 mi12 / 100Fail
Hampton MD2 mi35 / 100Pass
Mays Chapel MD3 mi35 / 100Pass
Overlea MD7 mi33 / 100Pass
Garrison MD9 mi45 / 100Pass
White Marsh MD9 mi40 / 100Pass

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

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