Lake Elmo, MN self-storage market

Population 13,140. Passes the self-storage screen with 35 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
35 / 100Pass

Passes the screen

0Population 13,140: in the 2,000 to 20,000 scope
+25Income $154k: $70k+, best
+15Population +46.5% since 2015-2019: growing 10%+, best
0Renters 6.5%: under 20%, low
-1039 storage facilities within 10 mi (16 chain): 11+, penalty
-1016 chain or REIT facilities within 10 mi
+15Supply 1.6 sq ft per person (992,459 sq ft / market population 622,898, 82% of facilities sized): under 7 sq ft, best
35Total, out of 100
Storage sq ft per person, 10 miles
1.6
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. 82% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
13,140
Residents of the Census place, ACS 5-year 2020 to 2024. 622,898 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$153,669
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+46.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
6.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
39
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 16 of them are chains or REITs.
Facilities whose nearest town is Lake Elmo
6
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lake Elmo

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Acorn Mini StorageLake Elmo, MNIndependent56MembersMembersMembersMembers
Ideal StorageLake Elmo, MNIndependent19MembersMembersMembersMembers
Public StorageLake Elmo, MNChain or REIT822MembersMembersMembersMembers
Public StorageLake Elmo, MNChain or REIT322MembersMembersMembersMembers
Public StorageLake Elmo, MNChain or REIT427MembersMembersMembersMembers
US Storage CentersLake Elmo, MNChain or REIT586MembersMembersMembersMembers

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

Showing 6 of 6 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
North St. Paul MN5 mi28 / 100Pass
Mahtomedi MN6 mi20 / 100Pass
Oak Park Heights MN6 mi22 / 100Pass
Stillwater MN6 mi25 / 100Pass
Grant MN7 mi12 / 100Fail
Bayport MN7 mi28 / 100Pass

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

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