Galena Park, TX self-storage market

Population 10,487. Fails the self-storage screen with 7 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
7 / 100Fail

Fails the screen

0Population 10,487: in the 2,000 to 20,000 scope
+15Income $51k: $50k to $65k, ok
-8Population -4.5% since 2015-2019: shrinking 2% to 5%, penalty
+5Renters 29.3%: 20% to 30%, ok
-1039 storage facilities within 10 mi (28 chain): 11+, penalty
-1028 chain or REIT facilities within 10 mi
+15Supply 0.4 sq ft per person (1,094,054 sq ft / market population 2,617,481, 87% of facilities sized): under 7 sq ft, best
0Score 7 is under the pass mark 15
7Total, out of 100
Storage sq ft per person, 10 miles
0.4
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. 87% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
10,487
Residents of the Census place, ACS 5-year 2020 to 2024. 2,617,481 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$51,220
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-4.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
29.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
39
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 28 of them are chains or REITs.
Facilities whose nearest town is Galena Park
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Galena Park

No facility lists Galena Park as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Jacinto TX2 mi-7 / 100Fail
South Houston TX6 mi5 / 100Fail
Sheldon TX10 mi40 / 100Pass
Highlands TX12 mi-5 / 100Fail
West University Place TX12 mi12 / 100Fail
Barrett TX14 mi-15 / 100Fail

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

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