Wells, MN self-storage market
Population 2,296. Passes the self-storage screen with 45 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
45 / 100PassPasses the screen
0Population 2,296: in the 2,000 to 20,000 scope
+15Income $60k: $50k to $65k, ok
0Population -1.7% since 2015-2019: flat (within 2%), ok
+5Renters 23.9%: 20% to 30%, ok
+102 storage facilities within 10 mi (0 chain): 0 to 3, best
+15Supply 3.6 sq ft per person (15,264 sq ft / market population 4,195): under 7 sq ft, best
45Total, out of 100
Storage sq ft per person, 10 miles
3.6
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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,296
Residents of the Census place, ACS 5-year 2020 to 2024. 4,195 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$60,156
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-1.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
23.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
2
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 Wells
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Wells
| Facility | Nearest town | Type | Reviews on Maps | Est. units Members only | Website Members only | Phone Members only | Lead scorehigher = better lead Members only |
|---|---|---|---|---|---|---|---|
| Alden Mini Storage | Wells, MN | Independent | 0 | Members | Members | Members | Members |
| Worden's Lockup EZ Storage | Wells, MN | Independent | 1 | Members | Members | Members | Members |
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.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Albert Lea MN | 19 mi | 1 / 100Fail |
| Blue Earth MN | 20 mi | 38 / 100Pass |
| Lake Mills IA | 25 mi | 48 / 100Pass |
| Waseca MN | 26 mi | 11 / 100Fail |
| Janesville MN | 26 mi | 10 / 100Fail |
| Eagle Lake MN | 30 mi | 46 / 100Pass |
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
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$49 / month, all states
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