Virginia, MN self-storage market

Population 8,332. Passes the self-storage screen with 25 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
25 / 100Pass

Passes the screen

0Population 8,332: in the 2,000 to 20,000 scope
+15Income $52k: $50k to $65k, ok
0Population -1.8% since 2015-2019: flat (within 2%), ok
+10Renters 40.7%: 40%+, best
-1011 storage facilities within 10 mi (0 chain): 11+, penalty
+10Supply 8.2 sq ft per person (145,022 sq ft / market population 17,633, 73% of facilities sized): 7 to 8.5 sq ft, good
0Map point moved 1.2 mi from the Census internal point to the population center
25Total, out of 100
Storage sq ft per person, 10 miles
8.2
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. 73% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
8,332
Residents of the Census place, ACS 5-year 2020 to 2024. 17,633 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$51,720
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-1.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
40.7%
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 Virginia
8
8 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Virginia

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
1st Street South Mini StorageVirginia, MNIndependent0MembersMembersMembersMembers
Eichorn's Mini-StorageVirginia, MNIndependent19MembersMembersMembersMembers
Highway 4 Self StorageVirginia, MNIndependent3MembersMembersMembersMembers
Polar StorageVirginia, MNIndependent14MembersMembersMembersMembers
Ridge Inn Mini StorageVirginia, MNIndependent2MembersMembersMembersMembers
Ridge Inn Mini StorageVirginia, MNIndependent0MembersMembersMembersMembers
Ridge Inn Mini StorageVirginia, MNIndependent6MembersMembersMembersMembers
West Chestnut StorageVirginia, MNIndependent2MembersMembersMembersMembers

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

Showing 8 of 8 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
Mountain Iron MN3 mi43 / 100Pass
Eveleth MN3 mi25 / 100Pass
Chisholm MN16 mi27 / 100Pass
Hoyt Lakes MN19 mi45 / 100Pass
Hibbing MN20 mi25 / 100Pass
Ely MN42 mi10 / 100Fail

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

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