West Reading, PA self-storage market

Population 4,562. Passes the self-storage screen with 33 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
33 / 100Pass

Passes the screen

0Population 4,562: in the 2,000 to 20,000 scope
+20Income $66k: $65k to $70k, good
+8Population +6.9% since 2015-2019: growing 2% to 10%, good
+10Renters 43.9%: 40%+, best
-1047 storage facilities within 10 mi (8 chain): 11+, penalty
-108 chain or REIT facilities within 10 mi
+15Supply 4.2 sq ft per person (912,350 sq ft / market population 218,229, 85% of facilities sized): under 7 sq ft, best
33Total, out of 100
Storage sq ft per person, 10 miles
4.2
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. 85% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,562
Residents of the Census place, ACS 5-year 2020 to 2024. 218,229 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$65,885
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+6.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
43.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
47
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 8 of them are chains or REITs.
Facilities whose nearest town is West Reading
4
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near West Reading

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
CubeSmart Self StorageWest Reading, PAChain or REIT189MembersMembersMembersMembers
Reading Self StorageWest Reading, PAChain or REIT33MembersMembersMembersMembers
Snapbox Self-StorageWest Reading, PAIndependent130MembersMembersMembersMembers
Storage WorldWest Reading, PAIndependent84MembersMembersMembersMembers

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

Showing 4 of 4 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
Wyomissing PA1 mi36 / 100Pass
Kenhorst PA2 mi33 / 100Pass
Shillington PA2 mi36 / 100Pass
West Wyomissing PA3 mi20 / 100Pass
Mount Penn PA3 mi26 / 100Pass
Whitfield PA3 mi35 / 100Pass

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

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