Spring Arbor, MI self-storage market
Population 2,275. Fails the self-storage screen with -27 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
-27 / 100FailFails the screen
0Population 2,275: in the 2,000 to 20,000 scope
+15Income $64k: $50k to $65k, ok
-15Population -5.3% since 2015-2019: shrinking 5%+, penalty
+8Renters 31.6%: 30% to 40%, good
-1024 storage facilities within 10 mi (9 chain): 11+, penalty
-109 chain or REIT facilities within 10 mi
-15Supply 11.2 sq ft per person (444,233 sq ft / market population 39,825, 96% of facilities sized): over 10 sq ft, penalty
0Score -27 is under the pass mark 15
-27Total, out of 100
Storage sq ft per person, 10 miles
11.2
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. 96% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,275
Residents of the Census place, ACS 5-year 2020 to 2024. 39,825 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$63,631
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-5.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
31.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
24
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 9 of them are chains or REITs.
Facilities whose nearest town is Spring Arbor
6
3 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Spring Arbor
| Facility | Nearest town | Type | Reviews on Maps | Est. units Members only | Website Members only | Phone Members only | Lead scorehigher = better lead Members only |
|---|---|---|---|---|---|---|---|
| Go Blue Self Storage | Spring Arbor, MI | Independent | 18 | Members | Members | Members | Members |
| My Storage Concord | Spring Arbor, MI | Independent | 23 | Members | Members | Members | Members |
| Stop & Lock Self Storage | Spring Arbor, MI | Independent | 4 | Members | Members | Members | Members |
| Storage Sense - Jackson | Spring Arbor, MI | Chain or REIT | 338 | Members | Members | Members | Members |
| Storage Sense - Jackson - Self Service | Spring Arbor, MI | Chain or REIT | 27 | Members | Members | Members | Members |
| Storage Sense - Spring Arbor - Self Service | Spring Arbor, MI | Chain or REIT | 33 | Members | Members | Members | Members |
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.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Vandercook Lake MI | 9 mi | -35 / 100Fail |
| Albion MI | 11 mi | 4 / 100Fail |
| Michigan Center MI | 12 mi | -12 / 100Fail |
| Jonesville MI | 17 mi | -13 / 100Fail |
| Leslie MI | 18 mi | 29 / 100Pass |
| Hillsdale MI | 20 mi | 10 / 100Fail |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
Unlock every facility in Michigan
- Est. units
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