Lathrup, MI self-storage market

Population 4,059. 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 4,059: in the 2,000 to 20,000 scope
+25Income $110k: $70k+, best
0Population -1.7% since 2015-2019: flat (within 2%), ok
0Renters 7.9%: under 20%, low
-1044 storage facilities within 10 mi (29 chain): 11+, penalty
-1029 chain or REIT facilities within 10 mi
+15Supply 1.4 sq ft per person (1,681,928 sq ft / market population 1,232,688, 86% of facilities sized): under 7 sq ft, best
20Total, out of 100
Storage sq ft per person, 10 miles
1.4
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. 86% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,059
Residents of the Census place, ACS 5-year 2020 to 2024. 1,232,688 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$109,893
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-1.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
7.9%
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. 29 of them are chains or REITs.
Facilities whose nearest town is Lathrup
5
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lathrup

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
EZ Storage SouthfieldLathrup, MIIndependent272MembersMembersMembersMembers
National StorageLathrup, MIIndependent510MembersMembersMembersMembers
Public StorageLathrup, MIChain or REIT429MembersMembersMembersMembers
Public StorageLathrup, MIChain or REIT635MembersMembersMembersMembers
Public StorageLathrup, MIChain or REIT467MembersMembersMembersMembers

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

Showing 5 of 5 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
Berkley MI2 mi20 / 100Pass
Beverly Hills MI2 mi20 / 100Pass
Huntington Woods MI3 mi20 / 100Pass
Franklin MI4 mi5 / 100Fail
Pleasant Ridge MI4 mi28 / 100Pass
Clawson MI5 mi17 / 100Pass

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

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