Laurel Park, NC self-storage market
Population 2,408. Fails the self-storage screen with -15 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
-15 / 100FailFails the screen
0Population 2,408: in the 2,000 to 20,000 scope
+25Income $90k: $70k+, best
-15Population -10.1% since 2015-2019: shrinking 5%+, penalty
0Renters 13.5%: under 20%, low
-1034 storage facilities within 10 mi (5 chain): 11+, penalty
-105 chain or REIT facilities within 10 mi
-5Supply 9.2 sq ft per person (633,593 sq ft / market population 69,054, 79% of facilities sized): 9 to 10 sq ft, caution
0Score -15 is under the pass mark 15
-15Total, out of 100
Storage sq ft per person, 10 miles
9.2
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. 79% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,408
Residents of the Census place, ACS 5-year 2020 to 2024. 69,054 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$90,000
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-10.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
13.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
34
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 5 of them are chains or REITs.
Facilities whose nearest town is Laurel Park
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Laurel Park
No facility lists Laurel Park as its nearest scored town.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Valley Hill NC | 2 mi | 30 / 100Pass |
| Hendersonville NC | 3 mi | 15 / 100Pass |
| Mountain Home NC | 4 mi | -20 / 100Fail |
| Flat Rock NC | 4 mi | 18 / 100Pass |
| Etowah NC | 5 mi | 8 / 100Fail |
| East Flat Rock NC | 5 mi | 28 / 100Pass |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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