Bloomfield Hills, MI self-storage market

Population 4,415. Passes the self-storage screen with 35 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
35 / 100Pass

Passes the screen

0Population 4,415: in the 2,000 to 20,000 scope
+25Income $190k: $70k+, best
+15Population +10.3% since 2015-2019: growing 10%+, best
0Renters 14.2%: under 20%, low
-1044 storage facilities within 10 mi (30 chain): 11+, penalty
-1030 chain or REIT facilities within 10 mi
+15Supply 2.3 sq ft per person (1,456,009 sq ft / market population 627,944, 93% of facilities sized): under 7 sq ft, best
35Total, out of 100
Storage sq ft per person, 10 miles
2.3
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. 93% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,415
Residents of the Census place, ACS 5-year 2020 to 2024. 627,944 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$189,942
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+10.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
14.2%
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. 30 of them are chains or REITs.
Facilities whose nearest town is Bloomfield Hills
2
1 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Bloomfield Hills

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
National StorageBloomfield Hills, MIIndependent126MembersMembersMembersMembers
Store Space Self StorageBloomfield Hills, MIChain or REIT221MembersMembersMembersMembers

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

Showing 2 of 2 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
Beverly Hills MI4 mi20 / 100Pass
Franklin MI5 mi5 / 100Fail
Keego Harbor MI5 mi-2 / 100Fail
Clawson MI6 mi17 / 100Pass
Lathrup MI6 mi20 / 100Pass
Orchard Lake MI6 mi5 / 100Fail

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

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