Berwyn, PA self-storage market

Population 3,680. Passes the self-storage screen with 33 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
33 / 100Pass

Passes the screen

0Population 3,680: in the 2,000 to 20,000 scope
+25Income $146k: $70k+, best
+8Population +4.2% since 2015-2019: growing 2% to 10%, good
+5Renters 29.4%: 20% to 30%, ok
-1049 storage facilities within 10 mi (33 chain): 11+, penalty
-1033 chain or REIT facilities within 10 mi
+15Supply 3.8 sq ft per person (1,007,228 sq ft / market population 262,465, 78% of facilities sized): under 7 sq ft, best
33Total, out of 100
Storage sq ft per person, 10 miles
3.8
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. 78% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,680
Residents of the Census place, ACS 5-year 2020 to 2024. 262,465 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$145,833
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+4.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
29.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
49
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 33 of them are chains or REITs.
Facilities whose nearest town is Berwyn
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Berwyn

No facility lists Berwyn as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Chesterbrook PA2 mi43 / 100Pass
Paoli PA3 mi40 / 100Pass
Wayne PA3 mi28 / 100Pass
St. Davids PA4 mi28 / 100Pass
Malvern PA4 mi30 / 100Pass
Villanova PA5 mi20 / 100Pass

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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