Wyomissing, PA self-storage market
Population 11,172. Passes the self-storage screen with 36 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
36 / 100PassPasses the screen
0Population 11,172: in the 2,000 to 20,000 scope
+25Income $93k: $70k+, best
+8Population +6.7% since 2015-2019: growing 2% to 10%, good
+8Renters 31.7%: 30% to 40%, good
-1048 storage facilities within 10 mi (8 chain): 11+, penalty
-108 chain or REIT facilities within 10 mi
+15Supply 4.1 sq ft per person (912,350 sq ft / market population 222,878, 83% of facilities sized): under 7 sq ft, best
36Total, out of 100
Storage sq ft per person, 10 miles
4.1
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. 83% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
11,172
Residents of the Census place, ACS 5-year 2020 to 2024. 222,878 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$93,203
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+6.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
31.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
48
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 Wyomissing
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Wyomissing
No facility lists Wyomissing as its nearest scored town.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| West Reading PA | 1 mi | 33 / 100Pass |
| West Wyomissing PA | 2 mi | 20 / 100Pass |
| Whitfield PA | 2 mi | 35 / 100Pass |
| Shillington PA | 2 mi | 36 / 100Pass |
| Kenhorst PA | 2 mi | 33 / 100Pass |
| Sinking Spring PA | 3 mi | 38 / 100Pass |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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$49 / month, all states
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