Milbank, SD self-storage market

Population 3,525. 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 3,525: in the 2,000 to 20,000 scope
+15Income $56k: $50k to $65k, ok
+15Population +11.3% since 2015-2019: growing 10%+, best
+8Renters 30.2%: 30% to 40%, good
+103 storage facilities within 10 mi (0 chain): 0 to 3, best
-15Supply 11.7 sq ft per person (49,633 sq ft / market population 4,260): over 10 sq ft, penalty
33Total, out of 100
Storage sq ft per person, 10 miles
11.7
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
3,525
Residents of the Census place, ACS 5-year 2020 to 2024. 4,260 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$56,011
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+11.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
30.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
3
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 Milbank
3
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Milbank

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
KO StorageMilbank, SDIndependent32MembersMembersMembersMembers
Triple S StorageMilbank, SDIndependent1MembersMembersMembersMembers
Whetstone StorageMilbank, SDIndependent0MembersMembersMembersMembers

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

Showing 3 of 3 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
Ortonville MN11 mi33 / 100Pass
Sisseton SD37 mi33 / 100Pass
Morris MN43 mi32 / 100Pass
Montevideo MN49 mi16 / 100Fail
Benson MN50 mi63 / 100Pass
Granite Falls MN60 mi25 / 100Pass

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

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