Port Monmouth, NJ self-storage market

Population 3,046. Fails the self-storage screen with 10 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
10 / 100Fail

Fails the screen

0Population 3,046: in the 2,000 to 20,000 scope
+25Income $104k: $70k+, best
-15Population -9.3% since 2015-2019: shrinking 5%+, penalty
+5Renters 22.6%: 20% to 30%, ok
-1024 storage facilities within 10 mi (16 chain): 11+, penalty
-1016 chain or REIT facilities within 10 mi
+15Supply 4 sq ft per person (532,654 sq ft / market population 133,677, 92% of facilities sized): under 7 sq ft, best
0Score 10 is under the pass mark 15
10Total, out of 100
Storage sq ft per person, 10 miles
4.0
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. 92% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,046
Residents of the Census place, ACS 5-year 2020 to 2024. 133,677 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$104,135
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-9.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
22.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
24
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 16 of them are chains or REITs.
Facilities whose nearest town is Port Monmouth
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Port Monmouth

No facility lists Port Monmouth as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
North Middletown NJ1 mi17 / 100Pass
Keansburg NJ2 mi30 / 100Pass
Leonardo NJ2 mi12 / 100Fail
Union Beach NJ4 mi28 / 100Pass
Atlantic Highlands NJ5 mi33 / 100Pass
Fairview NJ5 mi28 / 100Pass

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

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