Icard, NC self-storage market

Population 2,153. Fails the self-storage screen with -18 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-18 / 100Fail

Fails the screen

0Population 2,153: in the 2,000 to 20,000 scope
0Income $45k: under $45k, hard fail
-15Population -9.5% since 2015-2019: shrinking 5%+, penalty
+5Renters 23.9%: 20% to 30%, ok
-1030 storage facilities within 10 mi (4 chain): 11+, penalty
-84 chain or REIT facilities within 10 mi
+10Supply 7.8 sq ft per person (689,043 sq ft / market population 87,981, 83% of facilities sized): 7 to 8.5 sq ft, good
-18Total, out of 100
Storage sq ft per person, 10 miles
7.8
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. 83% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,153
Residents of the Census place, ACS 5-year 2020 to 2024. 87,981 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$44,641
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-9.5%
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
30
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 4 of them are chains or REITs.
Facilities whose nearest town is Icard
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Icard

No facility lists Icard as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Hildebran NC2 mi28 / 100Pass
Connelly Springs NC3 mi43 / 100Pass
Long View NC4 mi10 / 100Fail
Granite Falls NC5 mi26 / 100Pass
Valdese NC6 mi31 / 100Pass
Mountain View NC6 mi23 / 100Pass

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

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