Norway, ME self-storage market

Population 3,173. Fails 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 / 100Fail

Fails the screen

0Population 3,173: in the 2,000 to 20,000 scope
0Income $43k: under $45k, hard fail
+15Population +20.1% since 2015-2019: growing 10%+, best
+10Renters 40.1%: 40%+, best
08 storage facilities within 10 mi (0 chain): 7 to 10, ok
+15Supply 6.5 sq ft per person (42,083 sq ft / market population 6,489, 75% of facilities sized): under 7 sq ft, best
0Map point moved 1.5 mi from the Census internal point to the population center
40Total, out of 100
Storage sq ft per person, 10 miles
6.5
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. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,173
Residents of the Census place, ACS 5-year 2020 to 2024. 6,489 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$43,432
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+20.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
40.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
8
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 Norway
1
1 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Norway

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Cottage Street StorageNorway, MEIndependent7MembersMembersMembersMembers

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

Showing 1 of 1 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
South Paris ME1 mi32 / 100Pass
Rumford ME23 mi30 / 100Fail
Mexico ME24 mi40 / 100Pass
Lisbon ME25 mi25 / 100Pass
North Windham ME27 mi11 / 100Fail
Lisbon Falls ME28 mi37 / 100Pass

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

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