Iron River, MI self-storage market

Population 3,002. Passes the self-storage screen with 53 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
53 / 100Pass

Passes the screen

0Population 3,002: in the 2,000 to 20,000 scope
+15Income $54k: $50k to $65k, ok
+8Population +5.2% since 2015-2019: growing 2% to 10%, good
+5Renters 30%: 20% to 30%, ok
+101 storage facilities within 10 mi (0 chain): 0 to 3, best
+15Supply 6.8 sq ft per person (26,407 sq ft / market population 3,898): under 7 sq ft, best
53Total, out of 100
Storage sq ft per person, 10 miles
6.8
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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,002
Residents of the Census place, ACS 5-year 2020 to 2024. 3,898 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$54,183
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+5.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
30.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
1
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 Iron River
1
1 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Iron River

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
U Lock It Self StorageIron River, MIIndependent5MembersMembersMembersMembers

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
Kingsford MI33 mi33 / 100Pass
Iron Mountain MI33 mi33 / 100Pass
Norway MI40 mi33 / 100Pass
Rhinelander WI49 mi6 / 100Fail
West Ishpeming MI52 mi48 / 100Pass
Ishpeming MI54 mi30 / 100Pass

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

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