El Cerro Mission, NM self-storage market

Population 5,323. Passes the self-storage screen with 21 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
21 / 100Pass

Passes the screen

0Population 5,323: in the 2,000 to 20,000 scope
+5Income $49k: $45k to $50k, weak
+15Population +27.6% since 2015-2019: growing 10%+, best
0Renters 14.6%: under 20%, low
-1025 storage facilities within 10 mi (2 chain): 11+, penalty
-42 chain or REIT facilities within 10 mi
+15Supply 5.9 sq ft per person (378,885 sq ft / market population 64,673, 88% of facilities sized): under 7 sq ft, best
21Total, out of 100
Storage sq ft per person, 10 miles
5.9
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. 88% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,323
Residents of the Census place, ACS 5-year 2020 to 2024. 64,673 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$49,470
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+27.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
14.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
25
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 2 of them are chains or REITs.
Facilities whose nearest town is El Cerro Mission
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near El Cerro Mission

No facility lists El Cerro Mission as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
El Cerro NM3 mi11 / 100Fail
Valencia NM3 mi31 / 100Pass
Peralta NM5 mi18 / 100Pass
Meadow Lake NM5 mi15 / 100Fail
Los Lunas NM7 mi36 / 100Pass
Bosque Farms NM7 mi34 / 100Pass

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

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