Breckenridge, MN self-storage market

Population 3,349. Passes the self-storage screen with 51 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
51 / 100Pass

Passes the screen

0Population 3,349: in the 2,000 to 20,000 scope
+15Income $59k: $50k to $65k, ok
+8Population +4.5% since 2015-2019: growing 2% to 10%, good
+8Renters 30.8%: 30% to 40%, good
+55 storage facilities within 10 mi (0 chain): 4 to 6, good
+15Supply 2 sq ft per person (23,215 sq ft / market population 11,418, 80% of facilities sized): under 7 sq ft, best
51Total, out of 100
Storage sq ft per person, 10 miles
2.0
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. 80% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,349
Residents of the Census place, ACS 5-year 2020 to 2024. 11,418 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$58,963
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+4.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
30.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
5
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 Breckenridge
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Breckenridge

No facility lists Breckenridge as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Wahpeton ND1 mi53 / 100Pass
Fergus Falls MN24 mi32 / 100Pass
Barnesville MN28 mi58 / 100Pass
Pelican Rapids MN32 mi31 / 100Check
Horace ND37 mi43 / 100Pass
Dilworth MN43 mi43 / 100Pass

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

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$49 / month, all states
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