Springfield, SD self-storage market
Population 2,038. Passes the self-storage screen with 45 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
45 / 100PassPasses the screen
0Population 2,038: in the 2,000 to 20,000 scope
+15Income $56k: $50k to $65k, ok
0Population -0.9% since 2015-2019: flat (within 2%), ok
+5Renters 26.1%: 20% to 30%, ok
+100 storage facilities within 10 mi, confirmed empty (nearest known storage facility 19.6 mi away): 0 to 3, best
+15Supply 0 sq ft per person: no facility within 10 mi, nearest known storage facility 19.6 mi away
45Total, out of 100
Storage sq ft per person, 10 miles
0.0
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
2,038
Residents of the Census place, ACS 5-year 2020 to 2024. 3,529 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
-0.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
26.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
0
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 Springfield
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Springfield
No facility lists Springfield as its nearest scored town.
Nearby towns
Unlock every facility in South Dakota
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$49 / month, all states
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