Wayne, PA self-storage market

Population 6,635. Passes the self-storage screen with 28 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
28 / 100Pass

Passes the screen

0Population 6,635: in the 2,000 to 20,000 scope
+25Income $151k: $70k+, best
0No 2015-2019 population (new or renamed Census place)
+8Renters 33.9%: 30% to 40%, good
-1046 storage facilities within 10 mi (30 chain): 11+, penalty
-1030 chain or REIT facilities within 10 mi
+15Supply 3.1 sq ft per person (977,136 sq ft / market population 319,934, 80% of facilities sized): under 7 sq ft, best
28Total, out of 100
Storage sq ft per person, 10 miles
3.1
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. 80% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
6,635
Residents of the Census place, ACS 5-year 2020 to 2024. 319,934 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$150,539
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
Unknown
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
33.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
46
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 30 of them are chains or REITs.
Facilities whose nearest town is Wayne
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Wayne

No facility lists Wayne as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
St. Davids PA1 mi28 / 100Pass
Berwyn PA3 mi33 / 100Pass
Villanova PA3 mi20 / 100Pass
Rosemont PA4 mi30 / 100Pass
Chesterbrook PA4 mi43 / 100Pass
Bryn Mawr PA4 mi45 / 100Pass

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

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