Belmont, MS self-storage market

Population 2,028. Passes the self-storage screen with 23 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
23 / 100Pass

Passes the screen

0Population 2,028: in the 2,000 to 20,000 scope
+5Income $47k: $45k to $50k, weak
-15Population -11.4% since 2015-2019: shrinking 5%+, penalty
+8Renters 32.8%: 30% to 40%, good
+103 storage facilities within 10 mi (0 chain): 0 to 3, best
+15Supply 3.7 sq ft per person (21,712 sq ft / market population 5,904, 67% of facilities sized): under 7 sq ft, best
23Total, out of 100
Storage sq ft per person, 10 miles
3.7
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. 67% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,028
Residents of the Census place, ACS 5-year 2020 to 2024. 5,904 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$46,512
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-11.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
32.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
3
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 Belmont
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Belmont

No facility lists Belmont as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Red Bay AL6 mi43 / 100Fail
Fulton MS20 mi48 / 100Pass
Iuka MS21 mi6 / 100Fail
Booneville MS22 mi43 / 100Pass
Baldwyn MS25 mi35 / 100Fail
Mooreville MS27 mi31 / 100Pass

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

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