Ware Shoals, SC self-storage market

Population 2,074. Fails the self-storage screen with 18 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
18 / 100Fail

Fails the screen

0Population 2,074: in the 2,000 to 20,000 scope
0Income $37k: under $45k, hard fail
-15Population -26.7% since 2015-2019: shrinking 5%+, penalty
+8Renters 31.5%: 30% to 40%, good
+102 storage facilities within 10 mi (0 chain): 0 to 3, best
+15Supply 0.7 sq ft per person (5,809 sq ft / market population 7,824): under 7 sq ft, best
18Total, out of 100
Storage sq ft per person, 10 miles
0.7
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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,074
Residents of the Census place, ACS 5-year 2020 to 2024. 7,824 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$36,622
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-26.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
31.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
2
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 Ware Shoals
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Ware Shoals

No facility lists Ware Shoals as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Honea Path SC10 mi23 / 100Fail
Laurens SC15 mi38 / 100Pass
Abbeville SC16 mi-8 / 100Fail
Belton SC17 mi24 / 100Pass
Ninety Six SC20 mi7 / 100Fail
Williamston SC21 mi-2 / 100Fail

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

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