Ludington, MI self-storage market
Population 7,676. Fails the self-storage screen with -33 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
-33 / 100FailFails the screen
0Population 7,676: in the 2,000 to 20,000 scope
+5Income $46k: $45k to $50k, weak
-8Population -4.9% since 2015-2019: shrinking 2% to 5%, penalty
+10Renters 40.4%: 40%+, best
-1014 storage facilities within 10 mi (0 chain): 11+, penalty
-30Supply 20.6 sq ft per person (188,464 sq ft / market population 9,150, 71% of facilities sized): 17.5+ sq ft, hard fail
-33Total, out of 100
Storage sq ft per person, 10 miles
20.6
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. 71% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
7,676
Residents of the Census place, ACS 5-year 2020 to 2024. 9,150 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$46,411
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-4.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
40.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
14
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 Ludington
14
14 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Ludington
| Facility | Nearest town | Type | Reviews on Maps | Est. units Members only | Website Members only | Phone Members only | Lead scorehigher = better lead Members only |
|---|---|---|---|---|---|---|---|
| Boxer Storage | Ludington, MI | Independent | 138 | Members | Members | Members | Members |
| ClearSpace Storage Facility - Ludington, MI | Ludington, MI | Independent | 0 | Members | Members | Members | Members |
| Fischer Self Storage - Scottville | Ludington, MI | Independent | 1 | Members | Members | Members | Members |
| Hamlin Self Storage | Ludington, MI | Independent | 16 | Members | Members | Members | Members |
| Larson's Self Storage Inc | Ludington, MI | Independent | 17 | Members | Members | Members | Members |
| Ludington Railside Self Storage & Business | Ludington, MI | Independent | 27 | Members | Members | Members | Members |
| Ludington Secured Storage | Ludington, MI | Independent | 8 | Members | Members | Members | Members |
| My Storage Ludington East | Ludington, MI | Independent | 49 | Members | Members | Members | Members |
| My Storage Ludington West | Ludington, MI | Independent | 9 | Members | Members | Members | Members |
| Scottville Storage Co. | Ludington, MI | Independent | 2 | Members | Members | Members | Members |
| Sixth Street Self Storage | Ludington, MI | Independent | 0 | Members | Members | Members | Members |
| The Storage Mall Ludington | Ludington, MI | Independent | 32 | Members | Members | Members | Members |
| VanderHaag Self Storage | Ludington, MI | Independent | 16 | Members | Members | Members | Members |
| West 10 Self Storage LLC | Ludington, MI | Independent | 0 | Members | Members | Members | Members |
Lead score runs 0 to 100, higher = better lead. Lead Weak Fail
Showing 14 of 14 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.
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