Oil, PA self-storage market

Population 9,468. 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 9,468: in the 2,000 to 20,000 scope
+15Income $51k: $50k to $65k, ok
-8Population -3.8% since 2015-2019: shrinking 2% to 5%, penalty
+8Renters 38.7%: 30% to 40%, good
-1016 storage facilities within 10 mi (0 chain): 11+, penalty
+15Supply 4.3 sq ft per person (110,381 sq ft / market population 25,377, 81% of facilities sized): under 7 sq ft, best
20Total, out of 100
Storage sq ft per person, 10 miles
4.3
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. 81% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
9,468
Residents of the Census place, ACS 5-year 2020 to 2024. 25,377 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$51,316
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-3.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
38.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
16
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 0 of them are chains or REITs.
Facilities whose nearest town is Oil
7
7 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Oil

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
322 Storage StationOil, PAIndependent10MembersMembersMembersMembers
Allegheny Storage SolutionsOil, PAIndependent7MembersMembersMembersMembers
Cherrytree Mini StorageOil, PAIndependent3MembersMembersMembersMembers
Cranberry Storage LLCOil, PAIndependent7MembersMembersMembersMembers
Oakwood Mini StorageOil, PAIndependent0MembersMembersMembersMembers
Seneca StorageOil, PAIndependent18MembersMembersMembersMembers
The Storage Place, LLC.Oil, PAIndependent4MembersMembersMembersMembers

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

Showing 7 of 7 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
Sugarcreek PA6 mi5 / 100Fail
Franklin PA7 mi12 / 100Fail
Titusville PA14 mi30 / 100Fail
Clarion PA23 mi20 / 100Pass
Grove PA27 mi8 / 100Fail
Meadville PA27 mi-3 / 100Fail

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

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