Runnemede, NJ self-storage market

Population 8,355. 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 / 100Pass

Passes the screen

0Population 8,355: in the 2,000 to 20,000 scope
+25Income $91k: $70k+, best
0Population +0.3% since 2015-2019: flat (within 2%), ok
+5Renters 27.5%: 20% to 30%, ok
-1078 storage facilities within 10 mi (65 chain): 11+, penalty
-1065 chain or REIT facilities within 10 mi
+15Supply 4.1 sq ft per person (1,972,020 sq ft / market population 484,214, 83% of facilities sized): under 7 sq ft, best
25Total, out of 100
Storage sq ft per person, 10 miles
4.1
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
8,355
Residents of the Census place, ACS 5-year 2020 to 2024. 484,214 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$91,302
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+0.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
27.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
78
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 65 of them are chains or REITs.
Facilities whose nearest town is Runnemede
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Runnemede

No facility lists Runnemede as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Glendora NJ1 mi40 / 100Pass
Bellmawr NJ1 mi36 / 100Pass
Barrington NJ2 mi38 / 100Pass
Haddon Heights NJ2 mi25 / 100Pass
Mount Ephraim NJ2 mi28 / 100Pass
Magnolia NJ2 mi28 / 100Pass

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

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