Hermantown, MN self-storage market
Population 10,218. Passes the self-storage screen with 37 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
37 / 100PassPasses the screen
0Population 10,218: in the 2,000 to 20,000 scope
+25Income $91k: $70k+, best
+8Population +6.4% since 2015-2019: growing 2% to 10%, good
+5Renters 26.9%: 20% to 30%, ok
-1030 storage facilities within 10 mi (3 chain): 11+, penalty
-63 chain or REIT facilities within 10 mi
+15Supply 3.6 sq ft per person (385,232 sq ft / market population 106,377, 80% of facilities sized): under 7 sq ft, best
0Map point moved 1.1 mi from the Census internal point to the population center
37Total, out of 100
Storage sq ft per person, 10 miles
3.6
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. 80% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
10,218
Residents of the Census place, ACS 5-year 2020 to 2024. 106,377 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$90,849
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+6.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
26.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
30
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 3 of them are chains or REITs.
Facilities whose nearest town is Hermantown
10
9 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Hermantown
| Facility | Nearest town | Type | Reviews on Maps | Est. units Members only | Website Members only | Phone Members only | Lead scorehigher = better lead Members only |
|---|---|---|---|---|---|---|---|
| Amendola Storage 1 | Hermantown, MN | Independent | 5 | Members | Members | Members | Members |
| Five Star Storage | Hermantown, MN | Independent | 43 | Members | Members | Members | Members |
| Five Star Storage | Hermantown, MN | Independent | 93 | Members | Members | Members | Members |
| Five Star Storage | Hermantown, MN | Independent | 20 | Members | Members | Members | Members |
| Hermantown Storage | Hermantown, MN | Independent | 8 | Members | Members | Members | Members |
| JTC Storage | Hermantown, MN | Independent | 6 | Members | Members | Members | Members |
| Mini-Self Storage | Hermantown, MN | Independent | 0 | Members | Members | Members | Members |
| PRIME STORAGE | Hermantown, MN | Chain or REIT | 24 | Members | Members | Members | Members |
| Raptor Storage. LLC | Hermantown, MN | Independent | 7 | Members | Members | Members | Members |
| Storage Max | Hermantown, MN | Independent | 5 | Members | Members | Members | Members |
Lead score runs 0 to 100, higher = better lead. Lead Weak Fail
Showing 10 of 10 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Proctor MN | 5 mi | 24 / 100Pass |
| Rice Lake MN | 7 mi | 24 / 100Pass |
| Cloquet MN | 13 mi | 46 / 100Pass |
| Two Harbors MN | 30 mi | 53 / 100Pass |
| Moose Lake MN | 36 mi | 38 / 100Pass |
| Eveleth MN | 49 mi | 25 / 100Pass |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
Unlock every facility in Minnesota
- Est. units
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$49 / month, all states
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