Newbern, TN self-storage market

Population 3,289. Passes the self-storage screen with 26 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
26 / 100Pass

Passes the screen

0Population 3,289: in the 2,000 to 20,000 scope
+15Income $58k: $50k to $65k, ok
0Population -0.8% since 2015-2019: flat (within 2%), ok
+8Renters 33.5%: 30% to 40%, good
-1011 storage facilities within 10 mi (1 chain): 11+, penalty
-21 chain or REIT facilities within 10 mi
+15Supply 5.4 sq ft per person (109,225 sq ft / market population 20,196, 82% of facilities sized): under 7 sq ft, best
26Total, out of 100
Storage sq ft per person, 10 miles
5.4
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. 82% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,289
Residents of the Census place, ACS 5-year 2020 to 2024. 20,196 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$58,455
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-0.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
33.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
11
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 1 of them are chains or REITs.
Facilities whose nearest town is Newbern
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Newbern

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
East Drive Mini StorageNewbern, TNIndependent2MembersMembersMembersMembers
Graystone Storage - NewbernNewbern, TNIndependent1MembersMembersMembersMembers

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

Showing 2 of 2 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
Dyersburg TN8 mi0 / 100Fail
Dyer TN16 mi28 / 100Pass
Halls TN18 mi-30 / 100Fail
Trenton TN21 mi10 / 100Fail
Tiptonville TN22 mi20 / 100Fail
Caruthersville MO23 mi0 / 100Fail

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

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