Norwood Young America, MN self-storage market

Population 3,849. Passes the self-storage screen with 43 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
43 / 100Pass

Passes the screen

0Population 3,849: in the 2,000 to 20,000 scope
+25Income $71k: $70k+, best
+8Population +3.3% since 2015-2019: growing 2% to 10%, good
+5Renters 25.4%: 20% to 30%, ok
-1011 storage facilities within 10 mi (0 chain): 11+, penalty
+15Supply 2.6 sq ft per person (66,385 sq ft / market population 25,831, 73% of facilities sized): under 7 sq ft, best
43Total, out of 100
Storage sq ft per person, 10 miles
2.6
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. 73% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,849
Residents of the Census place, ACS 5-year 2020 to 2024. 25,831 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$71,364
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+3.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
25.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
11
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 0 of them are chains or REITs.
Facilities whose nearest town is Norwood Young America
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Norwood Young America

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
MI-BOX Moving & Mobile Storage of MinnesotaNorwood Young America, MNIndependent71MembersMembersMembersMembers
Stuff It Mini StorageNorwood Young America, MNIndependent1MembersMembersMembersMembers

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

Showing 2 of 2 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
Cologne MN6 mi55 / 100Pass
Waconia MN8 mi43 / 100Pass
Mayer MN8 mi45 / 100Pass
Glencoe MN11 mi13 / 100Fail
Belle Plaine MN13 mi53 / 100Pass
Watertown MN13 mi34 / 100Pass

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

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