Lake Grove, NY self-storage market

Population 11,061. Passes the self-storage screen with 25 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
25 / 100Pass

Passes the screen

0Population 11,061: in the 2,000 to 20,000 scope
+25Income $118k: $70k+, best
0Population -0.4% since 2015-2019: flat (within 2%), ok
+5Renters 22.7%: 20% to 30%, ok
-1050 storage facilities within 10 mi (44 chain): 11+, penalty
-1044 chain or REIT facilities within 10 mi
+15Supply 2.4 sq ft per person (1,482,838 sq ft / market population 624,763, 88% of facilities sized): under 7 sq ft, best
25Total, out of 100
Storage sq ft per person, 10 miles
2.4
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. 88% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
11,061
Residents of the Census place, ACS 5-year 2020 to 2024. 624,763 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$118,311
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-0.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
22.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
50
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 44 of them are chains or REITs.
Facilities whose nearest town is Lake Grove
1
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lake Grove

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageLake Grove, NYChain or REIT599MembersMembersMembersMembers

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

Showing 1 of 1 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
Lake Ronkonkoma NY2 mi13 / 100Fail
Nesconset NY2 mi28 / 100Pass
St. James NY2 mi12 / 100Fail
Stony Brook NY3 mi28 / 100Pass
Stony Brook University NY4 mi3 / 100Fail
Ronkonkoma NY4 mi28 / 100Pass

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

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