Downingtown, PA self-storage market
Population 8,255. 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 / 100PassPasses the screen
0Population 8,255: in the 2,000 to 20,000 scope
+25Income $96k: $70k+, best
+8Population +4.2% since 2015-2019: growing 2% to 10%, good
+10Renters 52%: 40%+, best
-1027 storage facilities within 10 mi (17 chain): 11+, penalty
-1017 chain or REIT facilities within 10 mi
+5Supply 9 sq ft per person (685,720 sq ft / market population 76,329, 78% of facilities sized): 8.5 to 9 sq ft, ok
28Total, out of 100
Storage sq ft per person, 10 miles
9.0
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
8,255
Residents of the Census place, ACS 5-year 2020 to 2024. 76,329 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$96,228
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
52.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
27
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 17 of them are chains or REITs.
Facilities whose nearest town is Downingtown
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Downingtown
No facility lists Downingtown as its nearest scored town.
Nearby towns
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$49 / month, all states
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