Madison, OH self-storage market

Population 3,417. Fails the self-storage screen with 6 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
6 / 100Fail

Fails the screen

0Population 3,417: in the 2,000 to 20,000 scope
+25Income $95k: $70k+, best
+8Population +7.7% since 2015-2019: growing 2% to 10%, good
0Renters 8.6%: under 20%, low
-1012 storage facilities within 10 mi (1 chain): 11+, penalty
-21 chain or REIT facilities within 10 mi
-15Supply 12.7 sq ft per person (274,186 sq ft / market population 21,518): over 10 sq ft, penalty
0Score 6 is under the pass mark 15
6Total, out of 100
Storage sq ft per person, 10 miles
12.7
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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,417
Residents of the Census place, ACS 5-year 2020 to 2024. 21,518 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$94,928
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+7.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
8.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
12
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 Madison
3
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Madison

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
LocalStorageMadison, OHIndependent17MembersMembersMembersMembers
North Madison Mini StorageMadison, OHIndependent1MembersMembersMembersMembers
Public StorageMadison, OHChain or REIT285MembersMembersMembersMembers

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

Showing 3 of 3 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
North Madison OH4 mi-7 / 100Fail
Geneva OH6 mi6 / 100Fail
Fairport Harbor OH11 mi10 / 100Fail
Jefferson OH15 mi20 / 100Pass
Ashtabula OH15 mi15 / 100Fail
Chardon OH16 mi-17 / 100Fail

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

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