West Hammond, NM self-storage market
Population 2,236. Fails the self-storage screen with -27 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
-27 / 100FailFails the screen
0Population 2,236: in the 2,000 to 20,000 scope
+5Income $49k: $45k to $50k, weak
-15Population -19.5% since 2015-2019: shrinking 5%+, penalty
0Renters 13.5%: under 20%, low
-1025 storage facilities within 10 mi (1 chain): 11+, penalty
-21 chain or REIT facilities within 10 mi
-5Supply 9.9 sq ft per person (722,534 sq ft / market population 73,021, 84% of facilities sized): 9 to 10 sq ft, caution
0Score -27 is under the pass mark 15
-27Total, out of 100
Storage sq ft per person, 10 miles
9.9
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. 84% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,236
Residents of the Census place, ACS 5-year 2020 to 2024. 73,021 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$48,929
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-19.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
13.5%
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. 1 of them are chains or REITs.
Facilities whose nearest town is West Hammond
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near West Hammond
No facility lists West Hammond as its nearest scored town.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Lee Acres NM | 3 mi | -37 / 100Fail |
| Bloomfield NM | 4 mi | -32 / 100Fail |
| Crouch Mesa NM | 5 mi | -7 / 100Fail |
| Flora Vista NM | 9 mi | -12 / 100Fail |
| Aztec NM | 10 mi | -34 / 100Fail |
| Center Point NM | 12 mi | -10 / 100Fail |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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