Lawrenceville, NJ self-storage market
Population 3,924. Passes the self-storage screen with 25 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
25 / 100PassPasses the screen
0Population 3,924: in the 2,000 to 20,000 scope
+25Income $123k: $70k+, best
0Population -0.6% since 2015-2019: flat (within 2%), ok
+5Renters 20.2%: 20% to 30%, ok
-1034 storage facilities within 10 mi (21 chain): 11+, penalty
-1021 chain or REIT facilities within 10 mi
+15Supply 4.2 sq ft per person (912,923 sq ft / market population 218,560, 85% of facilities sized): under 7 sq ft, best
25Total, out of 100
Storage sq ft per person, 10 miles
4.2
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. 85% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,924
Residents of the Census place, ACS 5-year 2020 to 2024. 218,560 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$122,614
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-0.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
20.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
34
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 21 of them are chains or REITs.
Facilities whose nearest town is Lawrenceville
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Lawrenceville
No facility lists Lawrenceville as its nearest scored town.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Pennington NJ | 3 mi | 35 / 100Pass |
| The College of New Jersey NJ | 3 mi | 5 / 100Fail |
| Mercerville NJ | 5 mi | 28 / 100Pass |
| Princeton Junction NJ | 6 mi | 5 / 100Fail |
| Yardley PA | 7 mi | 33 / 100Pass |
| Morrisville PA | 7 mi | 43 / 100Pass |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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