Fairmont, MN self-storage market

Population 10,296. Passes the self-storage screen with 34 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
34 / 100Pass

Passes the screen

0Population 10,296: in the 2,000 to 20,000 scope
+15Income $53k: $50k to $65k, ok
0Population +1.7% since 2015-2019: flat (within 2%), ok
+8Renters 39.1%: 30% to 40%, good
07 storage facilities within 10 mi (2 chain): 7 to 10, ok
-42 chain or REIT facilities within 10 mi
+15Supply 3.2 sq ft per person (37,887 sq ft / market population 11,757, 71% of facilities sized): under 7 sq ft, best
34Total, out of 100
Storage sq ft per person, 10 miles
3.2
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. 71% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
10,296
Residents of the Census place, ACS 5-year 2020 to 2024. 11,757 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$53,084
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+1.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
39.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
7
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 2 of them are chains or REITs.
Facilities whose nearest town is Fairmont
7
5 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Fairmont

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
D & A Properties & Self Storage, LLCFairmont, MNIndependent10MembersMembersMembersMembers
Fairmont Mini StorageFairmont, MNIndependent0MembersMembersMembersMembers
SelfstorFairmont, MNIndependent0MembersMembersMembersMembers
Stor-All FairmontFairmont, MNChain or REIT1MembersMembersMembersMembers
Stor-All FairmontFairmont, MNChain or REIT0MembersMembersMembersMembers
Welcome Garages, LLCFairmont, MNIndependent0MembersMembersMembersMembers
Welcome StorageFairmont, MNIndependent5MembersMembersMembersMembers

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

Showing 7 of 7 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
Blue Earth MN18 mi38 / 100Pass
St. James MN25 mi56 / 100Pass
Estherville IA25 mi45 / 100Pass
Jackson MN26 mi51 / 100Pass
Madelia MN28 mi40 / 100Pass
Mountain Lake MN31 mi35 / 100Pass

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

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