Benton Heights, MI self-storage market
Population 3,078. 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 / 100FailFails the screen
0Population 3,078: in the 2,000 to 20,000 scope
0Income $34k: under $45k, hard fail
-15Population -25.3% since 2015-2019: shrinking 5%+, penalty
+10Renters 51.8%: 40%+, best
-1029 storage facilities within 10 mi (5 chain): 11+, penalty
-105 chain or REIT facilities within 10 mi
-15Supply 10.6 sq ft per person (402,782 sq ft / market population 38,052, 90% of facilities sized): over 10 sq ft, penalty
-40Total, out of 100
Storage sq ft per person, 10 miles
10.6
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. 90% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,078
Residents of the Census place, ACS 5-year 2020 to 2024. 38,052 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$33,542
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-25.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
51.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
29
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 5 of them are chains or REITs.
Facilities whose nearest town is Benton Heights
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Benton Heights
No facility lists Benton Heights as its nearest scored town.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Benton Harbor MI | 2 mi | -40 / 100Fail |
| Fair Plain MI | 3 mi | -2 / 100Fail |
| St. Joseph MI | 4 mi | -6 / 100Fail |
| Watervliet MI | 9 mi | 11 / 100Fail |
| Paw Paw Lake MI | 9 mi | 23 / 100Pass |
| Berrien Springs MI | 13 mi | 3 / 100Fail |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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