Farmington, MI self-storage market
Population 11,504. Passes the self-storage screen with 36 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
36 / 100PassPasses the screen
0Population 11,504: in the 2,000 to 20,000 scope
+25Income $98k: $70k+, best
+8Population +8.9% since 2015-2019: growing 2% to 10%, good
+8Renters 38.3%: 30% to 40%, good
-1047 storage facilities within 10 mi (25 chain): 11+, penalty
-1025 chain or REIT facilities within 10 mi
+15Supply 3.4 sq ft per person (2,048,401 sq ft / market population 598,703, 94% of facilities sized): under 7 sq ft, best
36Total, out of 100
Storage sq ft per person, 10 miles
3.4
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. 94% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
11,504
Residents of the Census place, ACS 5-year 2020 to 2024. 598,703 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$97,750
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+8.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
38.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
47
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 25 of them are chains or REITs.
Facilities whose nearest town is Farmington
8
6 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Farmington
| Facility | Nearest town | Type | Reviews on Maps | Est. units Members only | Website Members only | Phone Members only | Lead scorehigher = better lead Members only |
|---|---|---|---|---|---|---|---|
| A Place To Store - Self Storage | Farmington, MI | Independent | 81 | Members | Members | Members | Members |
| Devon Self Storage Novi, Michigan | Farmington, MI | Chain or REIT | 211 | Members | Members | Members | Members |
| Extra Space Storage | Farmington, MI | Chain or REIT | 852 | Members | Members | Members | Members |
| Livonia Budget Storage | Farmington, MI | Independent | 47 | Members | Members | Members | Members |
| Michigan Storage Centers | Farmington, MI | Independent | 293 | Members | Members | Members | Members |
| Mini U Storage | Farmington, MI | Independent | 171 | Members | Members | Members | Members |
| National Storage | Farmington, MI | Independent | 376 | Members | Members | Members | Members |
| Safe Keeping Storage | Farmington, MI | Independent | 150 | Members | Members | Members | Members |
Lead score runs 0 to 100, higher = better lead. Lead Weak Fail
Showing 8 of 8 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Franklin MI | 6 mi | 5 / 100Fail |
| Northville MI | 6 mi | 20 / 100Pass |
| Walled Lake MI | 7 mi | 28 / 100Pass |
| Plymouth MI | 8 mi | 28 / 100Pass |
| Lathrup MI | 8 mi | 20 / 100Pass |
| Beverly Hills MI | 8 mi | 20 / 100Pass |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
Unlock every facility in Michigan
- Est. units
- Size confidence
- Website
- FEMA flood zone
- Phone
- Address
- Maps link
- Lead score with every reason
- CSV export
$49 / month, all states
See the plan