Hale Center, TX self-storage market

Population 2,037. Fails the self-storage screen with 2 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
2 / 100Fail

Fails the screen

0Population 2,037: in the 2,000 to 20,000 scope
+15Income $57k: $50k to $65k, ok
-8Population -2.4% since 2015-2019: shrinking 2% to 5%, penalty
0Renters 15.9%: under 20%, low
+101 storage facilities within 10 mi (0 chain): 0 to 3, best
-15Supply 13.9 sq ft per person (28,214 sq ft / market population 2,037): over 10 sq ft, penalty
0Score 2 is under the pass mark 15
2Total, out of 100
Storage sq ft per person, 10 miles
13.9
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
2,037
Residents of the Census place, ACS 5-year 2020 to 2024. 2,037 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$57,083
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
15.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
1
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 Hale Center
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Hale Center

No facility lists Hale Center as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Plainview TX11 mi20 / 100Fail
Seth Ward TX14 mi56 / 100Pass
Abernathy TX17 mi63 / 100Pass
Shallowater TX27 mi3 / 100Fail
Idalou TX29 mi18 / 100Pass
Floydada TX30 mi28 / 100Pass

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

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