Bayport, MN self-storage market

Population 3,905. Passes the self-storage screen with 28 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
28 / 100Pass

Passes the screen

0Population 3,905: in the 2,000 to 20,000 scope
+25Income $126k: $70k+, best
+8Population +4.9% since 2015-2019: growing 2% to 10%, good
0Renters 8.3%: under 20%, low
-1028 storage facilities within 10 mi (5 chain): 11+, penalty
-105 chain or REIT facilities within 10 mi
+15Supply 4.6 sq ft per person (514,338 sq ft / market population 111,321, 75% of facilities sized): under 7 sq ft, best
28Total, out of 100
Storage sq ft per person, 10 miles
4.6
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. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,905
Residents of the Census place, ACS 5-year 2020 to 2024. 111,321 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$125,893
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
8.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
28
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 5 of them are chains or REITs.
Facilities whose nearest town is Bayport
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Bayport

No facility lists Bayport as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
North Hudson WI2 mi20 / 100Pass
Oak Park Heights MN2 mi22 / 100Pass
Stillwater MN4 mi25 / 100Pass
Hudson WI4 mi36 / 100Pass
Lake Elmo MN7 mi35 / 100Pass
Grant MN8 mi12 / 100Fail

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

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