Folsom, PA self-storage market
Population 8,671. Fails the self-storage screen with 12 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
12 / 100FailFails the screen
0Population 8,671: in the 2,000 to 20,000 scope
+25Income $113k: $70k+, best
-8Population -2.7% since 2015-2019: shrinking 2% to 5%, penalty
0Renters 15.6%: under 20%, low
-1052 storage facilities within 10 mi (34 chain): 11+, penalty
-1034 chain or REIT facilities within 10 mi
+15Supply 3.2 sq ft per person (1,078,498 sq ft / market population 341,452, 85% of facilities sized): under 7 sq ft, best
0Score 12 is under the pass mark 15
12Total, out of 100
Storage sq ft per person, 10 miles
3.2
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. 85% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
8,671
Residents of the Census place, ACS 5-year 2020 to 2024. 341,452 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$113,064
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
15.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
52
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 34 of them are chains or REITs.
Facilities whose nearest town is Folsom
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Folsom
No facility lists Folsom as its nearest scored town.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Ridley Park PA | 1 mi | 36 / 100Pass |
| Prospect Park PA | 1 mi | 20 / 100Pass |
| Swarthmore PA | 1 mi | 33 / 100Pass |
| Morton PA | 1 mi | 28 / 100Pass |
| Woodlyn PA | 1 mi | 36 / 100Pass |
| Norwood PA | 2 mi | 25 / 100Pass |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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