Somerville, TN self-storage market

Population 3,466. Fails the self-storage screen with 38 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
38 / 100Fail

Fails the screen

0Population 3,466: in the 2,000 to 20,000 scope
0Income $44k: under $45k, hard fail
+8Population +7% since 2015-2019: growing 2% to 10%, good
+10Renters 44.5%: 40%+, best
+102 storage facilities within 10 mi (0 chain): 0 to 3, best
+10Supply 8.5 sq ft per person (33,502 sq ft / market population 3,946): 7 to 8.5 sq ft, good
0Map point moved 1.3 mi from the Census internal point to the population center
38Total, out of 100
Storage sq ft per person, 10 miles
8.5
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
3,466
Residents of the Census place, ACS 5-year 2020 to 2024. 3,946 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$44,310
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+7.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
44.5%
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 Somerville
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Somerville

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
LAB Storage and ParkSomerville, TNIndependent0MembersMembersMembersMembers
Trinity StorageSomerville, TNIndependent0MembersMembersMembersMembers

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
Oakland TN9 mi60 / 100Pass
Whiteville TN13 mi30 / 100Fail
Arlington TN18 mi35 / 100Pass
Piperton TN19 mi35 / 100Pass
Bolivar TN19 mi28 / 100Fail
Lakeland TN22 mi10 / 100Fail

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

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