Chalfont, PA self-storage market

Population 4,346. Passes the self-storage screen with 23 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
23 / 100Pass

Passes the screen

0Population 4,346: in the 2,000 to 20,000 scope
+25Income $124k: $70k+, best
+8Population +4.9% since 2015-2019: growing 2% to 10%, good
0Renters 17.3%: under 20%, low
-1039 storage facilities within 10 mi (22 chain): 11+, penalty
-1022 chain or REIT facilities within 10 mi
+10Supply 7.2 sq ft per person (1,141,613 sq ft / market population 157,758, 79% of facilities sized): 7 to 8.5 sq ft, good
23Total, out of 100
Storage sq ft per person, 10 miles
7.2
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. 79% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,346
Residents of the Census place, ACS 5-year 2020 to 2024. 157,758 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$124,485
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+4.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
17.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
39
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 22 of them are chains or REITs.
Facilities whose nearest town is Chalfont
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Chalfont

No facility lists Chalfont as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Brittany Farms-The Highlands PA1 mi40 / 100Pass
New Britain PA2 mi7 / 100Fail
Montgomeryville PA3 mi28 / 100Pass
Doylestown PA5 mi25 / 100Pass
Hatfield PA5 mi38 / 100Pass
Lansdale PA5 mi45 / 100Pass

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

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