Beverly Hills, MI self-storage market

Population 10,524. 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 10,524: in the 2,000 to 20,000 scope
+25Income $177k: $70k+, best
0Population +1.3% since 2015-2019: flat (within 2%), ok
0Renters 5.2%: under 20%, low
-1044 storage facilities within 10 mi (28 chain): 11+, penalty
-1028 chain or REIT facilities within 10 mi
+15Supply 2.7 sq ft per person (1,514,187 sq ft / market population 558,235, 89% of facilities sized): under 7 sq ft, best
20Total, out of 100
Storage sq ft per person, 10 miles
2.7
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. 89% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
10,524
Residents of the Census place, ACS 5-year 2020 to 2024. 558,235 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$177,412
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+1.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
5.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
44
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 28 of them are chains or REITs.
Facilities whose nearest town is Beverly Hills
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Beverly Hills

No facility lists Beverly Hills as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Lathrup MI2 mi20 / 100Pass
Franklin MI3 mi5 / 100Fail
Berkley MI3 mi20 / 100Pass
Bloomfield Hills MI4 mi35 / 100Pass
Huntington Woods MI5 mi20 / 100Pass
Clawson MI5 mi17 / 100Pass

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

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