Concordia, NJ self-storage market
Population 2,611. Fails the self-storage screen with -5 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
-5 / 100FailFails the screen
0Population 2,611: in the 2,000 to 20,000 scope
+15Income $62k: $50k to $65k, ok
-15Population -23.2% since 2015-2019: shrinking 5%+, penalty
0Renters 14.6%: under 20%, low
-1026 storage facilities within 10 mi (19 chain): 11+, penalty
-1019 chain or REIT facilities within 10 mi
+15Supply 3.7 sq ft per person (788,079 sq ft / market population 214,017, 77% of facilities sized): under 7 sq ft, best
0Score -5 is under the pass mark 15
-5Total, out of 100
Storage sq ft per person, 10 miles
3.7
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. 77% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,611
Residents of the Census place, ACS 5-year 2020 to 2024. 214,017 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$62,206
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-23.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
14.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
26
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 19 of them are chains or REITs.
Facilities whose nearest town is Concordia
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Concordia
No facility lists Concordia as its nearest scored town.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Whittingham NJ | 1 mi | 5 / 100Fail |
| Clearbrook NJ | 1 mi | -5 / 100Fail |
| Rossmoor NJ | 2 mi | 25 / 100Pass |
| Jamesburg NJ | 2 mi | 17 / 100Pass |
| Forsgate NJ | 3 mi | 20 / 100Pass |
| Cranbury NJ | 4 mi | 40 / 100Pass |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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