Grant, MN self-storage market

Population 3,950. Fails the self-storage screen with 12 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
12 / 100Fail

Fails the screen

0Population 3,950: in the 2,000 to 20,000 scope
+25Income $151k: $70k+, best
-8Population -3.7% since 2015-2019: shrinking 2% to 5%, penalty
0Renters 5.1%: under 20%, low
-1031 storage facilities within 10 mi (12 chain): 11+, penalty
-1012 chain or REIT facilities within 10 mi
+15Supply 3 sq ft per person (641,257 sq ft / market population 216,798, 77% of facilities sized): under 7 sq ft, best
0Score 12 is under the pass mark 15
12Total, out of 100
Storage sq ft per person, 10 miles
3.0
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. 77% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,950
Residents of the Census place, ACS 5-year 2020 to 2024. 216,798 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$150,875
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-3.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
5.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
31
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 12 of them are chains or REITs.
Facilities whose nearest town is Grant
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Grant

No facility lists Grant as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Mahtomedi MN3 mi20 / 100Pass
Stillwater MN4 mi25 / 100Pass
Oak Park Heights MN6 mi22 / 100Pass
North St. Paul MN6 mi28 / 100Pass
Lake Elmo MN7 mi35 / 100Pass
Hugo MN7 mi35 / 100Pass

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

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