Meadow Lake, NM self-storage market

Population 4,259. Fails the self-storage screen with 15 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
15 / 100Fail

Fails the screen

0Population 4,259: in the 2,000 to 20,000 scope
0Income $44k: under $45k, hard fail
+15Population +11.1% since 2015-2019: growing 10%+, best
0Renters 17.2%: under 20%, low
-1016 storage facilities within 10 mi (0 chain): 11+, penalty
+10Supply 7.8 sq ft per person (206,225 sq ft / market population 26,511, 94% of facilities sized): 7 to 8.5 sq ft, good
15Total, out of 100
Storage sq ft per person, 10 miles
7.8
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. 94% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,259
Residents of the Census place, ACS 5-year 2020 to 2024. 26,511 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$43,649
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+11.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
17.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
16
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 Meadow Lake
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Meadow Lake

No facility lists Meadow Lake as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
El Cerro Mission NM5 mi21 / 100Pass
Valencia NM7 mi31 / 100Pass
Peralta NM7 mi18 / 100Pass
El Cerro NM7 mi11 / 100Fail
Bosque Farms NM8 mi34 / 100Pass
Los Lunas NM10 mi36 / 100Pass

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

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