Mingo Junction, OH self-storage market

Population 3,254. Passes the self-storage screen with 28 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
28 / 100Pass

Passes the screen

0Population 3,254: in the 2,000 to 20,000 scope
+15Income $54k: $50k to $65k, ok
0Population +1.3% since 2015-2019: flat (within 2%), ok
+8Renters 31.4%: 30% to 40%, good
-1028 storage facilities within 10 mi (0 chain): 11+, penalty
+15Supply 3.6 sq ft per person (221,996 sq ft / market population 61,116, 82% of facilities sized): under 7 sq ft, best
28Total, out of 100
Storage sq ft per person, 10 miles
3.6
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. 82% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,254
Residents of the Census place, ACS 5-year 2020 to 2024. 61,116 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$53,833
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+1.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
31.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
28
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 0 of them are chains or REITs.
Facilities whose nearest town is Mingo Junction
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Mingo Junction

No facility lists Mingo Junction as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Follansbee WV1 mi28 / 100Pass
Hooverson Heights WV2 mi10 / 100Fail
Wellsburg WV3 mi-10 / 100Fail
Steubenville OH3 mi20 / 100Pass
Wintersville OH6 mi25 / 100Pass
Weirton WV6 mi28 / 100Pass

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

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