Prospect Park, PA self-storage market

Population 6,417. 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 6,417: in the 2,000 to 20,000 scope
+15Income $63k: $50k to $65k, ok
0Population -1% since 2015-2019: flat (within 2%), ok
+10Renters 42%: 40%+, best
-1062 storage facilities within 10 mi (44 chain): 11+, penalty
-1044 chain or REIT facilities within 10 mi
+15Supply 3.7 sq ft per person (1,360,340 sq ft / market population 364,193, 82% of facilities sized): under 7 sq ft, best
20Total, out of 100
Storage sq ft per person, 10 miles
3.7
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. 82% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
6,417
Residents of the Census place, ACS 5-year 2020 to 2024. 364,193 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$63,077
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-1.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
42.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
62
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 44 of them are chains or REITs.
Facilities whose nearest town is Prospect Park
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Prospect Park

No facility lists Prospect Park as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Norwood PA1 mi25 / 100Pass
Ridley Park PA1 mi36 / 100Pass
Folsom PA1 mi12 / 100Fail
Glenolden PA1 mi25 / 100Pass
Folcroft PA2 mi26 / 100Pass
Morton PA2 mi28 / 100Pass

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

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