Springdale, NJ self-storage market
Population 15,173. Passes the self-storage screen with 28 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
28 / 100PassPasses the screen
0Population 15,173: in the 2,000 to 20,000 scope
+25Income $165k: $70k+, best
+8Population +9.3% since 2015-2019: growing 2% to 10%, good
0Renters 15.8%: under 20%, low
-1059 storage facilities within 10 mi (48 chain): 11+, penalty
-1048 chain or REIT facilities within 10 mi
+15Supply 3.5 sq ft per person (1,651,161 sq ft / market population 472,506, 85% of facilities sized): under 7 sq ft, best
28Total, out of 100
Storage sq ft per person, 10 miles
3.5
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. 85% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
15,173
Residents of the Census place, ACS 5-year 2020 to 2024. 472,506 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$164,796
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
15.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
59
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 48 of them are chains or REITs.
Facilities whose nearest town is Springdale
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Springdale
No facility lists Springdale as its nearest scored town.
Nearby towns
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$49 / month, all states
See the plan