Elkins Park, PA self-storage market

Population 7,213. Passes the self-storage screen with 20 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
20 / 100Pass

Passes the screen

0Population 7,213: in the 2,000 to 20,000 scope
+25Income $130k: $70k+, best
0No 2015-2019 population (new or renamed Census place)
0Renters 19.8%: under 20%, low
-1084 storage facilities within 10 mi (67 chain): 11+, penalty
-1067 chain or REIT facilities within 10 mi
+15Supply 1.3 sq ft per person (2,510,545 sq ft / market population 1,863,399, 85% of facilities sized): under 7 sq ft, best
20Total, out of 100
Storage sq ft per person, 10 miles
1.3
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. 85% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
7,213
Residents of the Census place, ACS 5-year 2020 to 2024. 1,863,399 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$129,852
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
Unknown
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
19.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
84
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 67 of them are chains or REITs.
Facilities whose nearest town is Elkins Park
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Elkins Park

No facility lists Elkins Park as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Melrose Park PA1 mi20 / 100Pass
McKinley PA1 mi20 / 100Pass
Jenkintown PA1 mi36 / 100Pass
Wyncote PA1 mi43 / 100Pass
Oak Lane PA2 mi20 / 100Pass
Rockledge PA2 mi33 / 100Pass

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

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