Moonachie, NJ self-storage market

Population 3,126. Passes the self-storage screen with 40 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
40 / 100Pass

Passes the screen

0Population 3,126: in the 2,000 to 20,000 scope
+25Income $90k: $70k+, best
+15Population +15.1% since 2015-2019: growing 10%+, best
+5Renters 22.8%: 20% to 30%, ok
-10127 storage facilities within 10 mi (91 chain): 11+, penalty
-1091 chain or REIT facilities within 10 mi
+15Supply 1.8 sq ft per person (3,089,351 sq ft / market population 1,699,903, 78% of facilities sized): under 7 sq ft, best
40Total, out of 100
Storage sq ft per person, 10 miles
1.8
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. 78% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,126
Residents of the Census place, ACS 5-year 2020 to 2024. 1,699,903 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$90,260
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+15.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
22.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
127
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 91 of them are chains or REITs.
Facilities whose nearest town is Moonachie
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Moonachie

No facility lists Moonachie as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Little Ferry NJ1 mi30 / 100Pass
Wood-Ridge NJ2 mi43 / 100Pass
Hasbrouck Heights NJ2 mi28 / 100Pass
Carlstadt NJ2 mi36 / 100Pass
Ridgefield Park NJ2 mi36 / 100Pass
Ridgefield NJ2 mi38 / 100Pass

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

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