Varnville, SC self-storage market

Population 2,571. Passes the self-storage screen with 58 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
58 / 100Pass

Passes the screen

0Population 2,571: in the 2,000 to 20,000 scope
+15Income $56k: $50k to $65k, ok
+15Population +38.7% since 2015-2019: growing 10%+, best
+8Renters 35.8%: 30% to 40%, good
+54 storage facilities within 10 mi (0 chain): 4 to 6, good
+15Supply 2.8 sq ft per person (17,476 sq ft / market population 6,243, 75% of facilities sized): under 7 sq ft, best
58Total, out of 100
Storage sq ft per person, 10 miles
2.8
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. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,571
Residents of the Census place, ACS 5-year 2020 to 2024. 6,243 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$55,714
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+38.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
35.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
4
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 0 of them are chains or REITs.
Facilities whose nearest town is Varnville
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Varnville

No facility lists Varnville as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Hampton SC2 mi36 / 100Fail
Allendale SC17 mi-5 / 100Fail
Walterboro SC25 mi15 / 100Pass
Ridgeland SC26 mi7 / 100Fail
Bamberg SC31 mi23 / 100Pass
Barnwell SC32 mi44 / 100Pass

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

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