New Square, NY self-storage market

Population 9,803. Fails 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 / 100Fail

Fails the screen

0Population 9,803: in the 2,000 to 20,000 scope
0Income $31k: under $45k, hard fail
+15Population +17.1% since 2015-2019: growing 10%+, best
+10Renters 85.3%: 40%+, best
-1030 storage facilities within 10 mi (22 chain): 11+, penalty
-1022 chain or REIT facilities within 10 mi
+15Supply 1.7 sq ft per person (829,585 sq ft / market population 479,783, 83% 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. 83% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
9,803
Residents of the Census place, ACS 5-year 2020 to 2024. 479,783 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$31,443
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+17.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
85.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
30
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 22 of them are chains or REITs.
Facilities whose nearest town is New Square
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near New Square

No facility lists New Square as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Hillcrest NY1 mi40 / 100Pass
New Hempstead NY1 mi20 / 100Pass
Kaser NY2 mi13 / 100Fail
Wesley Hills NY3 mi28 / 100Pass
Viola NY3 mi45 / 100Pass
Bardonia NY3 mi5 / 100Fail

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

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