Watford, ND self-storage market

Population 6,039. Passes the self-storage screen with 40 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
40 / 100Pass

Passes the screen

0Population 6,039: in the 2,000 to 20,000 scope
+25Income $102k: $70k+, best
-15Population -12.6% since 2015-2019: shrinking 5%+, penalty
+10Renters 70.7%: 40%+, best
+56 storage facilities within 10 mi (0 chain): 4 to 6, good
+15Supply 2.2 sq ft per person (13,726 sq ft / market population 6,240, 50% of facilities sized): under 7 sq ft, best
40Total, out of 100
Storage sq ft per person, 10 miles
2.2
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. 50% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
6,039
Residents of the Census place, ACS 5-year 2020 to 2024. 6,240 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$102,260
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-12.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
70.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
6
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 0 of them are chains or REITs.
Facilities whose nearest town is Watford
6
6 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Watford

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
24 7 Rental & StorageWatford, NDIndependent2MembersMembersMembersMembers
701 StorageWatford, NDIndependent6MembersMembersMembersMembers
Grasslands StorageWatford, NDIndependent1MembersMembersMembersMembers
Storage 85Watford, NDIndependent246MembersMembersMembersMembers
Watford City Self StorageWatford, NDIndependent17MembersMembersMembersMembers
Watford City StorageWatford, NDIndependent16MembersMembersMembersMembers

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

Showing 6 of 6 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
New ND38 mi58 / 100Pass
Sidney MT42 mi7 / 100Fail
Stanley ND54 mi43 / 100Pass
Beulah ND79 mi40 / 100Pass
Glendive MT83 mi35 / 100Pass
West Glendive MT84 mi58 / 100Pass

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

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