New Hempstead, NY self-storage market

Population 5,472. 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 5,472: in the 2,000 to 20,000 scope
+25Income $126k: $70k+, best
0Population +1.6% since 2015-2019: flat (within 2%), ok
0Renters 4.8%: under 20%, low
-1028 storage facilities within 10 mi (20 chain): 11+, penalty
-1020 chain or REIT facilities within 10 mi
+15Supply 1.7 sq ft per person (778,985 sq ft / market population 454,694, 82% of facilities sized): under 7 sq ft, best
20Total, out of 100
Storage sq ft per person, 10 miles
1.7
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. 82% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,472
Residents of the Census place, ACS 5-year 2020 to 2024. 454,694 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$126,165
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+1.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
4.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
28
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 20 of them are chains or REITs.
Facilities whose nearest town is New Hempstead
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near New Hempstead

No facility lists New Hempstead as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
New Square NY1 mi20 / 100Fail
Hillcrest NY1 mi40 / 100Pass
Wesley Hills NY2 mi28 / 100Pass
Kaser NY2 mi13 / 100Fail
Viola NY2 mi45 / 100Pass
Pomona NY3 mi35 / 100Pass

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

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