Westmont, NJ self-storage market

Population 14,195. 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 / 100Pass

Passes the screen

0Population 14,195: in the 2,000 to 20,000 scope
+25Income $115k: $70k+, best
0No 2015-2019 population (new or renamed Census place)
+8Renters 34.6%: 30% to 40%, good
-1088 storage facilities within 10 mi (74 chain): 11+, penalty
-1074 chain or REIT facilities within 10 mi
+15Supply 1.2 sq ft per person (2,477,173 sq ft / market population 2,002,397, 84% of facilities sized): under 7 sq ft, best
28Total, out of 100
Storage sq ft per person, 10 miles
1.2
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. 84% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
14,195
Residents of the Census place, ACS 5-year 2020 to 2024. 2,002,397 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$115,317
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
Unknown
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
34.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
88
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 74 of them are chains or REITs.
Facilities whose nearest town is Westmont
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Westmont

No facility lists Westmont as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Haddonfield NJ1 mi35 / 100Pass
Collingswood NJ1 mi38 / 100Pass
Oaklyn NJ1 mi28 / 100Pass
Audubon NJ2 mi25 / 100Pass
Golden Triangle NJ2 mi43 / 100Pass
Haddon Heights NJ2 mi25 / 100Pass

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

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