Whitmore Lake, MI self-storage market

Population 7,878. Fails the self-storage screen with 10 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
10 / 100Fail

Fails the screen

0Population 7,878: in the 2,000 to 20,000 scope
+25Income $87k: $70k+, best
+15Population +19% since 2015-2019: growing 10%+, best
+5Renters 29.5%: 20% to 30%, ok
-1026 storage facilities within 10 mi (6 chain): 11+, penalty
-106 chain or REIT facilities within 10 mi
-15Supply 15.1 sq ft per person (519,789 sq ft / market population 34,378, 77% of facilities sized): over 10 sq ft, penalty
0Score 10 is under the pass mark 15
10Total, out of 100
Storage sq ft per person, 10 miles
15.1
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. 77% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
7,878
Residents of the Census place, ACS 5-year 2020 to 2024. 34,378 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$86,779
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+19.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
29.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
26
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 6 of them are chains or REITs.
Facilities whose nearest town is Whitmore Lake
4
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Whitmore Lake

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
23 Mini StorageWhitmore Lake, MIIndependent93MembersMembersMembersMembers
Absolute Self StorageWhitmore Lake, MIIndependent21MembersMembersMembersMembers
Green Trees Mini-StorageWhitmore Lake, MIIndependent24MembersMembersMembersMembers
Stop-N-Store Self StorageWhitmore Lake, MIIndependent99MembersMembersMembersMembers

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
South Lyon MI6 mi15 / 100Pass
Brighton MI8 mi-17 / 100Fail
Dexter MI9 mi17 / 100Pass
Wixom MI13 mi40 / 100Pass
Northville MI14 mi20 / 100Pass
Ypsilanti MI14 mi-3 / 100Fail

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

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