Medina, MN self-storage market

Population 6,968. Passes the self-storage screen with 28 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
28 / 100Pass

Passes the screen

0Population 6,968: in the 2,000 to 20,000 scope
+25Income $231k: $70k+, best
+8Population +9.2% since 2015-2019: growing 2% to 10%, good
0Renters 7.8%: under 20%, low
-1041 storage facilities within 10 mi (26 chain): 11+, penalty
-1026 chain or REIT facilities within 10 mi
+15Supply 3.2 sq ft per person (1,069,661 sq ft / market population 337,750, 88% of facilities sized): under 7 sq ft, best
0Map point moved 1.1 mi from the Census internal point to the population center
28Total, 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. 88% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
6,968
Residents of the Census place, ACS 5-year 2020 to 2024. 337,750 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$230,859
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+9.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
7.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
41
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 26 of them are chains or REITs.
Facilities whose nearest town is Medina
1
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Medina

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Storage Sense - Hamel - Self ServiceMedina, MNChain or REIT42MembersMembersMembersMembers

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

Showing 1 of 1 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.

Unlock

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Corcoran MN5 mi35 / 100Pass
Wayzata MN5 mi22 / 100Pass
Orono MN6 mi20 / 100Pass
Independence MN7 mi12 / 100Fail
Greenfield MN8 mi7 / 100Fail
Deephaven MN8 mi12 / 100Fail

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

Unlock every facility in Minnesota

  • Est. units
  • Size confidence
  • Website
  • FEMA flood zone
  • Phone
  • Address
  • Maps link
  • Lead score with every reason
  • CSV export
$49 / month, all states
See the plan