Blackwells Mills, NJ self-storage market

Population 10,301. Passes the self-storage screen with 35 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
35 / 100Pass

Passes the screen

0Population 10,301: in the 2,000 to 20,000 scope
+25Income $250k: $70k+, best
+15Population +1406% since 2015-2019: growing 10%+, best
0Renters 4.9%: under 20%, low
-1033 storage facilities within 10 mi (25 chain): 11+, penalty
-1025 chain or REIT facilities within 10 mi
+15Supply 2.2 sq ft per person (844,913 sq ft / market population 382,548, 76% of facilities sized): under 7 sq ft, best
35Total, 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. 76% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
10,301
Residents of the Census place, ACS 5-year 2020 to 2024. 382,548 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$250,001
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+1406.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
4.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
33
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 25 of them are chains or REITs.
Facilities whose nearest town is Blackwells Mills
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Blackwells Mills

No facility lists Blackwells Mills as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Weston NJ3 mi35 / 100Pass
Belle Mead NJ3 mi43 / 100Pass
Six Mile Run NJ3 mi28 / 100Pass
Middlebush NJ4 mi5 / 100Fail
Franklin Park NJ4 mi15 / 100Pass
Ten Mile Run NJ4 mi35 / 100Pass

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

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