Clementon, NJ self-storage market

Population 5,410. 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 5,410: in the 2,000 to 20,000 scope
+15Income $63k: $50k to $65k, ok
+15Population +10% since 2015-2019: growing 10%+, best
+10Renters 40%: 40%+, best
-1055 storage facilities within 10 mi (44 chain): 11+, penalty
-1044 chain or REIT facilities within 10 mi
+15Supply 3.4 sq ft per person (1,480,224 sq ft / market population 433,685, 85% of facilities sized): under 7 sq ft, best
35Total, out of 100
Storage sq ft per person, 10 miles
3.4
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. 85% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,410
Residents of the Census place, ACS 5-year 2020 to 2024. 433,685 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$62,979
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+10.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
40.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
55
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 44 of them are chains or REITs.
Facilities whose nearest town is Clementon
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Clementon

No facility lists Clementon as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Pine Hill NJ1 mi38 / 100Pass
Laurel Springs NJ2 mi28 / 100Pass
Gibbsboro NJ2 mi35 / 100Pass
West Berlin NJ2 mi25 / 100Pass
Stratford NJ2 mi28 / 100Pass
Berlin NJ3 mi25 / 100Pass

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

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