Princeton Meadows, NJ self-storage market

Population 15,561. Passes the self-storage screen with 45 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
45 / 100Pass

Passes the screen

0Population 15,561: in the 2,000 to 20,000 scope
+25Income $131k: $70k+, best
+15Population +13.4% since 2015-2019: growing 10%+, best
+10Renters 62.4%: 40%+, best
-1023 storage facilities within 10 mi (18 chain): 11+, penalty
-1018 chain or REIT facilities within 10 mi
+15Supply 4.4 sq ft per person (880,850 sq ft / market population 199,134, 83% of facilities sized): under 7 sq ft, best
45Total, out of 100
Storage sq ft per person, 10 miles
4.4
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. 83% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
15,561
Residents of the Census place, ACS 5-year 2020 to 2024. 199,134 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$131,213
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+13.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
62.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
23
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 18 of them are chains or REITs.
Facilities whose nearest town is Princeton Meadows
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Princeton Meadows

No facility lists Princeton Meadows as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Plainsboro Center NJ1 mi30 / 100Pass
Cranbury NJ3 mi40 / 100Pass
Monmouth Junction NJ3 mi43 / 100Pass
Princeton Junction NJ3 mi5 / 100Fail
Heathcote NJ4 mi40 / 100Pass
Dayton NJ4 mi28 / 100Pass

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

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