Oak Park Heights, MN self-storage market

Population 4,756. Passes the self-storage screen with 22 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
22 / 100Pass

Passes the screen

0Population 4,756: in the 2,000 to 20,000 scope
+25Income $82k: $70k+, best
-8Population -2.7% since 2015-2019: shrinking 2% to 5%, penalty
+10Renters 53.6%: 40%+, best
-1030 storage facilities within 10 mi (6 chain): 11+, penalty
-106 chain or REIT facilities within 10 mi
+15Supply 4.5 sq ft per person (567,630 sq ft / market population 126,714, 77% of facilities sized): under 7 sq ft, best
22Total, out of 100
Storage sq ft per person, 10 miles
4.5
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. 77% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,756
Residents of the Census place, ACS 5-year 2020 to 2024. 126,714 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$82,476
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
53.6%
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. 6 of them are chains or REITs.
Facilities whose nearest town is Oak Park Heights
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Oak Park Heights

No facility lists Oak Park Heights as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Bayport MN2 mi28 / 100Pass
Stillwater MN2 mi25 / 100Pass
North Hudson WI4 mi20 / 100Pass
Lake Elmo MN6 mi35 / 100Pass
Grant MN6 mi12 / 100Fail
Hudson WI6 mi36 / 100Pass

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

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