Souderton, PA self-storage market

Population 7,181. Passes the self-storage screen with 26 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
26 / 100Pass

Passes the screen

0Population 7,181: in the 2,000 to 20,000 scope
+25Income $94k: $70k+, best
+8Population +3.1% since 2015-2019: growing 2% to 10%, good
+8Renters 38%: 30% to 40%, good
-1035 storage facilities within 10 mi (18 chain): 11+, penalty
-1018 chain or REIT facilities within 10 mi
+5Supply 8.8 sq ft per person (1,078,663 sq ft / market population 122,440, 80% of facilities sized): 8.5 to 9 sq ft, ok
26Total, out of 100
Storage sq ft per person, 10 miles
8.8
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. 80% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
7,181
Residents of the Census place, ACS 5-year 2020 to 2024. 122,440 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$93,537
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+3.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
38.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
35
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 18 of them are chains or REITs.
Facilities whose nearest town is Souderton
3
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Souderton

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageSouderton, PAChain or REIT346MembersMembersMembersMembers
Souderton Self StorageSouderton, PAIndependent10MembersMembersMembersMembers
Telford StorageSouderton, PAIndependent79MembersMembersMembersMembers

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

Showing 3 of 3 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
Telford PA1 mi8 / 100Fail
Hatfield PA3 mi38 / 100Pass
Sellersville PA4 mi31 / 100Pass
Harleysville PA4 mi10 / 100Fail
Perkasie PA4 mi31 / 100Pass
Kulpsville PA5 mi36 / 100Pass

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

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