Melrose Park, PA self-storage market

Population 2,266. 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 2,266: in the 2,000 to 20,000 scope
+25Income $169k: $70k+, best
0No 2015-2019 population (new or renamed Census place)
0Renters 17.6%: under 20%, low
-1088 storage facilities within 10 mi (71 chain): 11+, penalty
-1071 chain or REIT facilities within 10 mi
+15Supply 1.4 sq ft per person (2,664,056 sq ft / market population 1,877,861, 86% of facilities sized): under 7 sq ft, best
20Total, out of 100
Storage sq ft per person, 10 miles
1.4
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. 86% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,266
Residents of the Census place, ACS 5-year 2020 to 2024. 1,877,861 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$168,750
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
17.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
88
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 71 of them are chains or REITs.
Facilities whose nearest town is Melrose Park
4
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Melrose Park

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
AddMore StorageMelrose Park, PAChain or REIT400MembersMembersMembersMembers
Extra Space StorageMelrose Park, PAChain or REIT671MembersMembersMembersMembers
Safeguard Self StorageMelrose Park, PAChain or REIT687MembersMembersMembersMembers
Store Space Self StorageMelrose Park, PAChain or REIT631MembersMembersMembersMembers

Lead score runs 0 to 100, higher = better lead. Lead Weak Fail

Showing 4 of 4 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.

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Nearby towns

TownDistanceTown scorehigher = better market to buy in
Oak Lane PA1 mi20 / 100Pass
Elkins Park PA1 mi20 / 100Pass
McKinley PA2 mi20 / 100Pass
Cheltenham PA2 mi28 / 100Pass
Wyncote PA2 mi43 / 100Pass
Jenkintown PA2 mi36 / 100Pass

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

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