Golden Triangle, NJ self-storage market

Population 5,765. 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 5,765: in the 2,000 to 20,000 scope
+25Income $104k: $70k+, best
+15Population +37.8% since 2015-2019: growing 10%+, best
+8Renters 31.9%: 30% to 40%, good
-1089 storage facilities within 10 mi (73 chain): 11+, penalty
-1073 chain or REIT facilities within 10 mi
+15Supply 1.3 sq ft per person (2,544,970 sq ft / market population 1,987,441, 85% of facilities sized): under 7 sq ft, best
43Total, out of 100
Storage sq ft per person, 10 miles
1.3
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. 85% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,765
Residents of the Census place, ACS 5-year 2020 to 2024. 1,987,441 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$103,558
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+37.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
31.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
89
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 73 of them are chains or REITs.
Facilities whose nearest town is Golden Triangle
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Golden Triangle

No facility lists Golden Triangle as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Cherry Hill Mall NJ2 mi33 / 100Pass
Merchantville NJ2 mi38 / 100Pass
Westmont NJ2 mi28 / 100Pass
Ellisburg NJ2 mi43 / 100Pass
Collingswood NJ2 mi38 / 100Pass
Haddonfield NJ2 mi35 / 100Pass

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

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