Malverne, NY self-storage market

Population 8,477. Passes the self-storage screen with 20 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
20 / 100Pass

Passes the screen

0Population 8,477: in the 2,000 to 20,000 scope
+25Income $149k: $70k+, best
0Population -0.5% since 2015-2019: flat (within 2%), ok
0Renters 3.7%: under 20%, low
-1056 storage facilities within 10 mi (42 chain): 11+, penalty
-1042 chain or REIT facilities within 10 mi
+15Supply 1.2 sq ft per person (1,231,928 sq ft / market population 1,069,794, 93% of facilities sized): under 7 sq ft, best
20Total, out of 100
Storage sq ft per person, 10 miles
1.2
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. 93% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
8,477
Residents of the Census place, ACS 5-year 2020 to 2024. 1,069,794 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$149,489
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-0.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
3.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
56
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 42 of them are chains or REITs.
Facilities whose nearest town is Malverne
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Malverne

No facility lists Malverne as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Lakeview NY1 mi12 / 100Fail
North Valley Stream NY2 mi12 / 100Fail
East Rockaway NY2 mi33 / 100Pass
Hewlett NY3 mi35 / 100Pass
South Hempstead NY3 mi12 / 100Fail
Garden City South NY3 mi12 / 100Fail

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

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