North Oaks, MN self-storage market

Population 5,179. Passes the self-storage screen with 20 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
20 / 100Pass

Passes the screen

0Population 5,179: in the 2,000 to 20,000 scope
+25Income $232k: $70k+, best
0Population 0% since 2015-2019: flat (within 2%), ok
0Renters 11.8%: under 20%, low
-1047 storage facilities within 10 mi (23 chain): 11+, penalty
-1023 chain or REIT facilities within 10 mi
+15Supply 3.1 sq ft per person (1,340,157 sq ft / market population 429,256, 85% of facilities sized): under 7 sq ft, best
20Total, out of 100
Storage sq ft per person, 10 miles
3.1
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. 85% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,179
Residents of the Census place, ACS 5-year 2020 to 2024. 429,256 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$231,742
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
0.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
11.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
47
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 23 of them are chains or REITs.
Facilities whose nearest town is North Oaks
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near North Oaks

No facility lists North Oaks as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Circle Pines MN4 mi20 / 100Pass
Vadnais Heights MN4 mi17 / 100Pass
Arden Hills MN4 mi5 / 100Fail
Lexington MN4 mi45 / 100Pass
Centerville MN5 mi20 / 100Pass
Mounds View MN5 mi28 / 100Pass

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

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