Franklinton, NC self-storage market

Population 2,645. Fails the self-storage screen with -8 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-8 / 100Fail

Fails the screen

0Population 2,645: in the 2,000 to 20,000 scope
+15Income $59k: $50k to $65k, ok
+15Population +17% since 2015-2019: growing 10%+, best
+8Renters 37.6%: 30% to 40%, good
-1025 storage facilities within 10 mi (3 chain): 11+, penalty
-63 chain or REIT facilities within 10 mi
-30Supply 38.4 sq ft per person (345,081 sq ft / market population 8,976, 68% of facilities sized): 17.5+ sq ft, hard fail
-8Total, out of 100
Storage sq ft per person, 10 miles
38.4
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. 68% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,645
Residents of the Census place, ACS 5-year 2020 to 2024. 8,976 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$59,464
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+17.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
37.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
25
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 Franklinton
3
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Franklinton

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Franklinton Mini StorageFranklinton, NCIndependent7MembersMembersMembersMembers
Full Armor StorageFranklinton, NCIndependent3MembersMembersMembersMembers
Kittrell Mini-StorageFranklinton, NCIndependent5MembersMembersMembersMembers

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

Showing 3 of 3 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
Youngsville NC5 mi43 / 100Pass
Louisburg NC9 mi-35 / 100Fail
Creedmoor NC13 mi66 / 100Pass
Rolesville NC13 mi5 / 100Fail
Henderson NC16 mi7 / 100Fail
Oxford NC17 mi19 / 100Fail

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

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