Florence, MS self-storage market

Population 4,696. Fails the self-storage screen with 10 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
10 / 100Fail

Fails the screen

0Population 4,696: in the 2,000 to 20,000 scope
+25Income $86k: $70k+, best
+8Population +6.4% since 2015-2019: growing 2% to 10%, good
+8Renters 30.3%: 30% to 40%, good
-1023 storage facilities within 10 mi (3 chain): 11+, penalty
-63 chain or REIT facilities within 10 mi
-15Supply 11.4 sq ft per person (641,915 sq ft / market population 56,171, 91% of facilities sized): over 10 sq ft, penalty
0Score 10 is under the pass mark 15
10Total, out of 100
Storage sq ft per person, 10 miles
11.4
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. 91% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,696
Residents of the Census place, ACS 5-year 2020 to 2024. 56,171 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$86,308
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+6.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
30.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
23
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 3 of them are chains or REITs.
Facilities whose nearest town is Florence
5
5 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Florence

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Greenfield StorageFlorence, MSIndependent4MembersMembersMembersMembers
Neely Self StorageFlorence, MSIndependent3MembersMembersMembersMembers
Sims Self StorageFlorence, MSIndependent20MembersMembersMembersMembers
Tellus Self Storage - FlorenceFlorence, MSIndependent159MembersMembersMembersMembers
The Storage PlaceFlorence, MSIndependent3MembersMembersMembersMembers

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

Showing 5 of 5 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
Cleary MS3 mi-18 / 100Fail
Richland MS4 mi28 / 100Pass
Byram MS10 mi35 / 100Pass
Flowood MS14 mi45 / 100Pass
Crystal Springs MS18 mi33 / 100Pass
Mendenhall MS20 mi15 / 100Fail

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

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