New London, OH self-storage market

Population 2,675. Passes the self-storage screen with 52 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
52 / 100Pass

Passes the screen

0Population 2,675: in the 2,000 to 20,000 scope
+15Income $50k: $50k to $65k, ok
+8Population +6.3% since 2015-2019: growing 2% to 10%, good
+8Renters 32.1%: 30% to 40%, good
+103 storage facilities within 10 mi (2 chain): 0 to 3, best
-42 chain or REIT facilities within 10 mi
+15Supply 4.4 sq ft per person (21,272 sq ft / market population 4,849): under 7 sq ft, best
52Total, out of 100
Storage sq ft per person, 10 miles
4.4
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
2,675
Residents of the Census place, ACS 5-year 2020 to 2024. 4,849 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$50,114
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+6.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
32.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
3
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 2 of them are chains or REITs.
Facilities whose nearest town is New London
3
1 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near New London

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
M and S Self Storage LLCNew London, OHIndependent1MembersMembersMembersMembers
North Pointe Depot Public StorageNew London, OHChain or REIT16MembersMembersMembersMembers
Storage Rentals of AmericaNew London, OHChain or REIT46MembersMembersMembersMembers

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
Wellington OH11 mi11 / 100Fail
Ashland OH15 mi8 / 100Fail
Norwalk OH16 mi-17 / 100Fail
Willard OH17 mi47 / 100Pass
Oberlin OH17 mi30 / 100Pass
Shelby OH19 mi-2 / 100Fail

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

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$49 / month, all states
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