Locust, NC self-storage market

Population 5,840. Passes the self-storage screen with 33 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
33 / 100Pass

Passes the screen

0Population 5,840: in the 2,000 to 20,000 scope
+25Income $77k: $70k+, best
+15Population +77.1% since 2015-2019: growing 10%+, best
0Renters 13.1%: under 20%, low
-1011 storage facilities within 10 mi (1 chain): 11+, penalty
-21 chain or REIT facilities within 10 mi
+5Supply 8.8 sq ft per person (189,644 sq ft / market population 21,657, 82% of facilities sized): 8.5 to 9 sq ft, ok
33Total, out of 100
Storage sq ft per person, 10 miles
8.8
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. 82% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,840
Residents of the Census place, ACS 5-year 2020 to 2024. 21,657 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$76,504
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+77.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
13.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
11
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 1 of them are chains or REITs.
Facilities whose nearest town is Locust
3
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Locust

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Allen Storage CenterLocust, NCIndependent13MembersMembersMembersMembers
Allen Storage CentersLocust, NCIndependent21MembersMembersMembersMembers
Extra Space StorageLocust, NCChain or REIT58MembersMembersMembersMembers

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
Midland NC5 mi25 / 100Pass
Oakboro NC6 mi18 / 100Pass
Mount Pleasant NC7 mi-1 / 100Fail
Fairview NC9 mi12 / 100Fail
Harrisburg NC12 mi30 / 100Pass
Unionville NC14 mi20 / 100Pass

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

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