Salem, NJ self-storage market
Population 5,322. Fails the self-storage screen with 22 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
22 / 100FailFails the screen
0Population 5,322: in the 2,000 to 20,000 scope
0Income $39k: under $45k, hard fail
+15Population +11.3% since 2015-2019: growing 10%+, best
+10Renters 65.3%: 40%+, best
-1015 storage facilities within 10 mi (4 chain): 11+, penalty
-84 chain or REIT facilities within 10 mi
+15Supply 6.5 sq ft per person (268,833 sq ft / market population 41,254, 60% of facilities sized): under 7 sq ft, best
22Total, out of 100
Storage sq ft per person, 10 miles
6.5
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. 60% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,322
Residents of the Census place, ACS 5-year 2020 to 2024. 41,254 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$38,721
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+11.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
65.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
15
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 4 of them are chains or REITs.
Facilities whose nearest town is Salem
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Salem
| Facility | Nearest town | Type | Reviews on Maps | Est. units Members only | Website Members only | Phone Members only | Lead scorehigher = better lead Members only |
|---|---|---|---|---|---|---|---|
| Four C's Mini Storage | Salem, NJ | Independent | 23 | Members | Members | Members | Members |
| Lock It Up Selfstorage LLC | Salem, NJ | Independent | 4 | Members | Members | Members | Members |
Lead score runs 0 to 100, higher = better lead. Lead Weak Fail
Showing 2 of 2 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Pennsville NJ | 6 mi | 33 / 100Pass |
| New Castle DE | 9 mi | 36 / 100Pass |
| Woodstown NJ | 10 mi | 42 / 100Pass |
| Wilmington Manor DE | 10 mi | 33 / 100Pass |
| Carneys Point NJ | 11 mi | 45 / 100Pass |
| Penns Grove NJ | 11 mi | 10 / 100Fail |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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