Ravenel, SC self-storage market

Population 2,615. Fails the self-storage screen with -3 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-3 / 100Fail

Fails the screen

0Population 2,615: in the 2,000 to 20,000 scope
+25Income $83k: $70k+, best
-8Population -2.8% since 2015-2019: shrinking 2% to 5%, penalty
0Renters 13.5%: under 20%, low
-1013 storage facilities within 10 mi (5 chain): 11+, penalty
-105 chain or REIT facilities within 10 mi
0Supply unknown: only 38% of the 13 nearby facilities have a size estimate, neutral, not a bonus
0Score -3 is under the pass mark 15
-3Total, out of 100
Storage sq ft per person, 10 miles
Unknown
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.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,615
Residents of the Census place, ACS 5-year 2020 to 2024. 9,773 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$82,738
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
13.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
13
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 5 of them are chains or REITs.
Facilities whose nearest town is Ravenel
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Ravenel

No facility lists Ravenel as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Hollywood SC2 mi-17 / 100Fail
Seabrook Island SC14 mi58 / 100Pass
Kiawah Island SC15 mi-8 / 100Fail
James Island SC17 mi20 / 100Pass
Ladson SC18 mi33 / 100Pass
Sangaree SC19 mi35 / 100Pass

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

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