East Norwich, NY self-storage market

Population 2,697. 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 2,697: in the 2,000 to 20,000 scope
+25Income $204k: $70k+, best
-15Population -8.9% since 2015-2019: shrinking 5%+, penalty
0Renters 1.7%: under 20%, low
-1031 storage facilities within 10 mi (27 chain): 11+, penalty
-1027 chain or REIT facilities within 10 mi
+15Supply 1.3 sq ft per person (860,058 sq ft / market population 668,516, 94% of facilities sized): under 7 sq ft, best
0Score 5 is under the pass mark 15
5Total, out of 100
Storage sq ft per person, 10 miles
1.3
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
2,697
Residents of the Census place, ACS 5-year 2020 to 2024. 668,516 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$204,071
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-8.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
1.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
31
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 27 of them are chains or REITs.
Facilities whose nearest town is East Norwich
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near East Norwich

No facility lists East Norwich as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Oyster Bay NY1 mi45 / 100Pass
Oyster Bay Cove NY1 mi20 / 100Pass
Muttontown NY2 mi12 / 100Fail
Upper Brookville NY2 mi35 / 100Pass
Syosset NY3 mi5 / 100Fail
Woodbury NY4 mi28 / 100Pass

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

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