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Farmington, NH self-storage market

Population 3,924. Fails the self-storage screen with 3 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
3 / 100Fail

Fails the screen

0Population 3,924: in the 2,000 to 20,000 scope
+15Income $55k: $50k to $65k, ok
-15Population -12.4% since 2015-2019: shrinking 5%+, penalty
+8Renters 34.7%: 30% to 40%, good
-1021 storage facilities within 10 mi (6 chain): 11+, penalty
-106 chain or REIT facilities within 10 mi
+15Supply 6.3 sq ft per person (240,077 sq ft / market population 37,908, 67% of facilities sized): under 7 sq ft, best
0Score 3 is under the pass mark 15
3Total, out of 100
Storage sq ft per person, 10 miles
6.3
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. 67% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,924
Residents of the Census place, ACS 5-year 2020 to 2024. 37,908 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$55,029
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-12.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
34.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
21
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 6 of them are chains or REITs.
Facilities whose nearest town is Farmington
15
11 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Farmington

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
603 Self-Storage - FarmingtonFarmington, NHIndependent9MembersMembersMembersMembers
Advance Self Storage Solutions LLCFarmington, NHIndependent0MembersMembersMembersMembers
Best Rate StorageFarmington, NHIndependent0MembersMembersMembersMembers
Gagnon's StorageFarmington, NHIndependent6MembersMembersMembersMembers
Keep-Sake STORAGEFarmington, NHIndependent18MembersMembersMembersMembers
Lock-Tite StorageFarmington, NHIndependent51MembersMembersMembersMembers
OUTTASPACE STORAGE ACTON MAINEFarmington, NHIndependent0MembersMembersMembersMembers
PIP Storage 46 Farmington Road.Farmington, NHIndependent40MembersMembersMembersMembers
PIP Storage 87 Milton RoadFarmington, NHIndependent2MembersMembersMembersMembers
Public StorageFarmington, NHChain or REIT166MembersMembersMembersMembers
SpareBox StorageFarmington, NHChain or REIT46MembersMembersMembersMembers
SpareBox StorageFarmington, NHChain or REIT63MembersMembersMembersMembers
SpareBox StorageFarmington, NHChain or REIT44MembersMembersMembersMembers
Suncook Valley Self StorageFarmington, NHIndependent2MembersMembersMembersMembers
Tibbetts StorageFarmington, NHIndependent66MembersMembersMembersMembers

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

Showing 15 of 15 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
Somersworth NH14 mi30 / 100Pass
Wolfeboro NH16 mi-30 / 100Fail
South Berwick ME18 mi18 / 100Pass
Durham NH19 mi17 / 100Pass
Laconia NH22 mi10 / 100Fail
South Eliot ME23 mi40 / 100Pass

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

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