Milford, MI self-storage market

Population 6,487. Fails the self-storage screen with 5 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
5 / 100Fail

Fails the screen

0Population 6,487: in the 2,000 to 20,000 scope
+25Income $106k: $70k+, best
0Population -0.2% since 2015-2019: flat (within 2%), ok
+5Renters 22.9%: 20% to 30%, ok
-1031 storage facilities within 10 mi (10 chain): 11+, penalty
-1010 chain or REIT facilities within 10 mi
-5Supply 9.8 sq ft per person (1,131,060 sq ft / market population 115,147, 87% of facilities sized): 9 to 10 sq ft, caution
0Score 5 is under the pass mark 15
5Total, out of 100
Storage sq ft per person, 10 miles
9.8
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. 87% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
6,487
Residents of the Census place, ACS 5-year 2020 to 2024. 115,147 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$105,713
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-0.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
22.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
31
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 10 of them are chains or REITs.
Facilities whose nearest town is Milford
6
5 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Milford

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
59 Self StorageMilford, MIIndependent8MembersMembersMembersMembers
EZ Storage SpaceMilford, MIIndependent17MembersMembersMembersMembers
Highland StorageMilford, MIIndependent20MembersMembersMembersMembers
National StorageMilford, MIIndependent178MembersMembersMembersMembers
Royal Mini StorageMilford, MIIndependent10MembersMembersMembersMembers
Storage Rentals of AmericaMilford, MIChain or REIT228MembersMembersMembersMembers

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

Showing 6 of 6 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
Wixom MI6 mi40 / 100Pass
Wolverine Lake MI6 mi17 / 100Pass
Walled Lake MI7 mi28 / 100Pass
South Lyon MI9 mi15 / 100Pass
Brighton MI10 mi-17 / 100Fail
Orchard Lake MI12 mi5 / 100Fail

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

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