Saranac, MI self-storage market

Population 2,013. Passes the self-storage screen with 30 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
30 / 100Pass

Passes the screen

0Population 2,013: in the 2,000 to 20,000 scope
+20Income $67k: $65k to $70k, good
+15Population +42.9% since 2015-2019: growing 10%+, best
+10Renters 41.2%: 40%+, best
-1021 storage facilities within 10 mi (0 chain): 11+, penalty
-5Supply 9.6 sq ft per person (184,626 sq ft / market population 19,322, 52% of facilities sized): 9 to 10 sq ft, caution
30Total, out of 100
Storage sq ft per person, 10 miles
9.6
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. 52% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,013
Residents of the Census place, ACS 5-year 2020 to 2024. 19,322 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$66,944
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+42.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
41.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
21
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 Saranac
4
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Saranac

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Morrison Lake Mini StorageSaranac, MIIndependent2MembersMembersMembersMembers
My Storage SaranacSaranac, MIIndependent30MembersMembersMembersMembers
Saranac Mini-StorageSaranac, MIIndependent7MembersMembersMembersMembers
Saranac Self StorageSaranac, MIIndependent5MembersMembersMembersMembers

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

Showing 4 of 4 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
Lowell MI7 mi35 / 100Pass
Ionia MI8 mi45 / 100Pass
Lake Odessa MI11 mi33 / 100Pass
Belding MI12 mi3 / 100Fail
Portland MI16 mi2 / 100Fail
Greenville MI18 mi16 / 100Pass

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

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