Verona, PA self-storage market

Population 2,524. Fails the self-storage screen with -5 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-5 / 100Fail

Fails the screen

0Population 2,524: in the 2,000 to 20,000 scope
+5Income $49k: $45k to $50k, weak
-15Population -8.8% since 2015-2019: shrinking 5%+, penalty
+10Renters 54.4%: 40%+, best
-1060 storage facilities within 10 mi (16 chain): 11+, penalty
-1016 chain or REIT facilities within 10 mi
+15Supply 2.1 sq ft per person (1,152,500 sq ft / market population 554,433, 78% of facilities sized): under 7 sq ft, best
0Score -5 is under the pass mark 15
-5Total, out of 100
Storage sq ft per person, 10 miles
2.1
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. 78% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,524
Residents of the Census place, ACS 5-year 2020 to 2024. 554,433 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$48,733
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-8.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
54.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
60
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 16 of them are chains or REITs.
Facilities whose nearest town is Verona
3
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Verona

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Atlas Self Storage CenterVerona, PAIndependent58MembersMembersMembersMembers
Defender Self Storage - Penn HillsVerona, PAIndependent111MembersMembersMembersMembers
Public StorageVerona, PAChain or REIT156MembersMembersMembersMembers

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
Oakmont PA1 mi38 / 100Pass
Fox Chapel PA3 mi28 / 100Pass
Aspinwall PA3 mi36 / 100Pass
Springdale PA4 mi23 / 100Pass
Sharpsburg PA4 mi5 / 100Fail
Wilkinsburg PA5 mi-5 / 100Fail

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

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