West Elmira, NY self-storage market

Population 4,750. Passes the self-storage screen with 36 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
36 / 100Pass

Passes the screen

0Population 4,750: in the 2,000 to 20,000 scope
+25Income $111k: $70k+, best
+8Population +2% since 2015-2019: growing 2% to 10%, good
0Renters 11.1%: under 20%, low
-1018 storage facilities within 10 mi (1 chain): 11+, penalty
-21 chain or REIT facilities within 10 mi
+15Supply 4.3 sq ft per person (253,023 sq ft / market population 58,562, 67% of facilities sized): under 7 sq ft, best
36Total, out of 100
Storage sq ft per person, 10 miles
4.3
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. 67% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,750
Residents of the Census place, ACS 5-year 2020 to 2024. 58,562 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$111,417
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+2.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
11.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
18
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 1 of them are chains or REITs.
Facilities whose nearest town is West Elmira
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near West Elmira

No facility lists West Elmira as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Southport NY2 mi8 / 100Fail
Elmira Heights NY3 mi20 / 100Pass
Horseheads NY6 mi26 / 100Pass
Big Flats NY6 mi41 / 100Pass
Horseheads North NY8 mi36 / 100Pass
Corning NY12 mi40 / 100Pass

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

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