Oyster Bay, NY self-storage market

Population 7,308. Passes the self-storage screen with 45 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
45 / 100Pass

Passes the screen

0Population 7,308: in the 2,000 to 20,000 scope
+25Income $111k: $70k+, best
+15Population +25.2% since 2015-2019: growing 10%+, best
+10Renters 41.6%: 40%+, best
-1031 storage facilities within 10 mi (27 chain): 11+, penalty
-1027 chain or REIT facilities within 10 mi
+15Supply 1.7 sq ft per person (857,269 sq ft / market population 494,675, 90% of facilities sized): under 7 sq ft, best
45Total, 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. 90% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
7,308
Residents of the Census place, ACS 5-year 2020 to 2024. 494,675 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$111,264
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+25.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
41.6%
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 Oyster Bay
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Oyster Bay

No facility lists Oyster Bay as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
East Norwich NY1 mi5 / 100Fail
Oyster Bay Cove NY1 mi20 / 100Pass
Upper Brookville NY2 mi35 / 100Pass
Muttontown NY3 mi12 / 100Fail
Locust Valley NY3 mi35 / 100Pass
Bayville NY3 mi20 / 100Pass

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

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