South Hempstead, NY self-storage market

Population 3,108. Fails the self-storage screen with 12 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
12 / 100Fail

Fails the screen

0Population 3,108: in the 2,000 to 20,000 scope
+25Income $156k: $70k+, best
-8Population -2.4% since 2015-2019: shrinking 2% to 5%, penalty
0Renters 4.2%: under 20%, low
-1054 storage facilities within 10 mi (43 chain): 11+, penalty
-1043 chain or REIT facilities within 10 mi
+15Supply 0.9 sq ft per person (1,118,755 sq ft / market population 1,206,266, 91% of facilities sized): under 7 sq ft, best
0Score 12 is under the pass mark 15
12Total, out of 100
Storage sq ft per person, 10 miles
0.9
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. 91% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,108
Residents of the Census place, ACS 5-year 2020 to 2024. 1,206,266 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$156,023
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
4.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
54
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 43 of them are chains or REITs.
Facilities whose nearest town is South Hempstead
2
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near South Hempstead

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Public StorageSouth Hempstead, NYChain or REIT753MembersMembersMembersMembers
Public StorageSouth Hempstead, NYChain or REIT555MembersMembersMembersMembers

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

Showing 2 of 2 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
Lakeview NY1 mi12 / 100Fail
Roosevelt NY2 mi40 / 100Pass
Malverne NY3 mi20 / 100Pass
Garden City South NY3 mi12 / 100Fail
North Merrick NY3 mi20 / 100Pass
East Rockaway NY3 mi33 / 100Pass

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

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