Old Forge, PA self-storage market

Population 8,573. Passes the self-storage screen with 36 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
36 / 100Pass

Passes the screen

0Population 8,573: in the 2,000 to 20,000 scope
+25Income $72k: $70k+, best
+8Population +7.6% since 2015-2019: growing 2% to 10%, good
+8Renters 30%: 30% to 40%, good
-1027 storage facilities within 10 mi (5 chain): 11+, penalty
-105 chain or REIT facilities within 10 mi
+15Supply 2.8 sq ft per person (542,191 sq ft / market population 190,991, 81% of facilities sized): under 7 sq ft, best
36Total, out of 100
Storage sq ft per person, 10 miles
2.8
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
8,573
Residents of the Census place, ACS 5-year 2020 to 2024. 190,991 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$71,812
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+7.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
30.0%
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. 5 of them are chains or REITs.
Facilities whose nearest town is Old Forge
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Old Forge

No facility lists Old Forge as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Moosic PA2 mi36 / 100Pass
Taylor PA2 mi38 / 100Pass
Avoca PA2 mi7 / 100Fail
Duryea PA2 mi26 / 100Pass
Dupont PA3 mi20 / 100Pass
Pittston PA4 mi10 / 100Fail

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

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