Madison, ME self-storage market

Population 2,676. Passes the self-storage screen with 53 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
53 / 100Pass

Passes the screen

0Population 2,676: in the 2,000 to 20,000 scope
+15Income $62k: $50k to $65k, ok
+8Population +10% since 2015-2019: growing 2% to 10%, good
+10Renters 61.1%: 40%+, best
+54 storage facilities within 10 mi (0 chain): 4 to 6, good
+15Supply 0.4 sq ft per person (4,554 sq ft / market population 11,841, 50% of facilities sized): under 7 sq ft, best
0Map point moved 1.3 mi from the Census internal point to the population center
53Total, out of 100
Storage sq ft per person, 10 miles
0.4
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. 50% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,676
Residents of the Census place, ACS 5-year 2020 to 2024. 11,841 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$61,698
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+10.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
61.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
4
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 0 of them are chains or REITs.
Facilities whose nearest town is Madison
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Madison

No facility lists Madison as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Skowhegan ME8 mi36 / 100Pass
Farmington ME16 mi40 / 100Fail
Oakland ME19 mi-2 / 100Fail
Fairfield ME20 mi-7 / 100Fail
Waterville ME20 mi8 / 100Fail
Winslow ME21 mi10 / 100Fail

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

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