Avon-by-the-Sea, NJ self-storage market

Population 2,030. Passes the self-storage screen with 43 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
43 / 100Pass

Passes the screen

0Population 2,030: in the 2,000 to 20,000 scope
+25Income $123k: $70k+, best
+15Population +13.5% since 2015-2019: growing 10%+, best
+8Renters 31.5%: 30% to 40%, good
-1031 storage facilities within 10 mi (22 chain): 11+, penalty
-1022 chain or REIT facilities within 10 mi
+15Supply 4 sq ft per person (770,364 sq ft / market population 191,716, 90% of facilities sized): under 7 sq ft, best
43Total, out of 100
Storage sq ft per person, 10 miles
4.0
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. 90% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,030
Residents of the Census place, ACS 5-year 2020 to 2024. 191,716 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$122,635
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+13.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
31.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
31
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 22 of them are chains or REITs.
Facilities whose nearest town is Avon-by-the-Sea
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Avon-by-the-Sea

No facility lists Avon-by-the-Sea as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Bradley Beach NJ1 mi30 / 100Pass
Belmar NJ1 mi38 / 100Pass
Neptune NJ1 mi25 / 100Pass
Ocean Grove NJ1 mi28 / 100Pass
Shark River Hills NJ2 mi5 / 100Fail
West Belmar NJ2 mi35 / 100Pass

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

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