Mystic Island, NJ self-storage market

Population 8,259. Passes the self-storage screen with 30 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
30 / 100Pass

Passes the screen

0Population 8,259: in the 2,000 to 20,000 scope
+25Income $79k: $70k+, best
-8Population -2.7% since 2015-2019: shrinking 2% to 5%, penalty
0Renters 12.2%: under 20%, low
07 storage facilities within 10 mi (1 chain): 7 to 10, ok
-21 chain or REIT facilities within 10 mi
+15Supply 4.2 sq ft per person (119,734 sq ft / market population 28,176, 86% of facilities sized): under 7 sq ft, best
30Total, 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. 86% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
8,259
Residents of the Census place, ACS 5-year 2020 to 2024. 28,176 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$78,714
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
12.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
7
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 1 of them are chains or REITs.
Facilities whose nearest town is Mystic Island
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Mystic Island

No facility lists Mystic Island as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Tuckerton NJ3 mi37 / 100Pass
Smithville NJ7 mi40 / 100Pass
Stockton University NJ9 mi-5 / 100Fail
North Beach Haven NJ9 mi31 / 100Pass
Brigantine NJ10 mi20 / 100Pass
Beach Haven West NJ11 mi39 / 100Pass

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

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