Lovington, NM self-storage market

Population 11,498. Passes the self-storage screen with 50 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
50 / 100Pass

Passes the screen

0Population 11,498: in the 2,000 to 20,000 scope
+20Income $69k: $65k to $70k, good
0Population +0.1% since 2015-2019: flat (within 2%), ok
+5Renters 27.1%: 20% to 30%, ok
+102 storage facilities within 10 mi (0 chain): 0 to 3, best
+15Supply 6 sq ft per person (68,424 sq ft / market population 11,498): under 7 sq ft, best
50Total, out of 100
Storage sq ft per person, 10 miles
6.0
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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
11,498
Residents of the Census place, ACS 5-year 2020 to 2024. 11,498 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$68,821
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+0.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
27.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
2
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 0 of them are chains or REITs.
Facilities whose nearest town is Lovington
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lovington

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Advantage StorageLovington, NMIndependent99MembersMembersMembersMembers
U-Store-ItLovington, NMIndependent28MembersMembersMembersMembers

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.

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Nearby towns

TownDistanceTown scorehigher = better market to buy in
North Hobbs NM17 mi13 / 100Fail
Denver TX30 mi43 / 100Pass
Eunice NM37 mi5 / 100Fail
Seminole TX43 mi20 / 100Pass
Seagraves TX45 mi20 / 100Pass
Jal NM58 mi45 / 100Pass

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

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