Socorro, NM self-storage market

Population 8,481. Fails the self-storage screen with 5 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
5 / 100Fail

Fails the screen

0Population 8,481: in the 2,000 to 20,000 scope
0Income $39k: under $45k, hard fail
0Population +0.2% since 2015-2019: flat (within 2%), ok
+10Renters 42.7%: 40%+, best
+103 storage facilities within 10 mi (0 chain): 0 to 3, best
-15Supply 13.5 sq ft per person (120,743 sq ft / market population 8,939): over 10 sq ft, penalty
5Total, out of 100
Storage sq ft per person, 10 miles
13.5
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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
8,481
Residents of the Census place, ACS 5-year 2020 to 2024. 8,939 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$39,375
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+0.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
42.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
3
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 Socorro
3
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Socorro

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
E-Z StorageSocorro, NMIndependent1MembersMembersMembersMembers
Kimo Self StorageSocorro, NMIndependent1MembersMembersMembersMembers
Rainbow StorageSocorro, NMIndependent12MembersMembersMembersMembers

Lead score runs 0 to 100, higher = better lead. Lead Weak Fail

Showing 3 of 3 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
Jarales NM40 mi23 / 100Pass
Rio Communities NM42 mi23 / 100Pass
Belen NM42 mi10 / 100Fail
Los Chaves NM48 mi6 / 100Fail
El Cerro Mission NM52 mi21 / 100Pass
El Cerro NM52 mi11 / 100Fail

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

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