Homestead Meadows North, TX self-storage market

Population 5,795. Fails the self-storage screen with -20 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-20 / 100Fail

Fails the screen

0Population 5,795: in the 2,000 to 20,000 scope
+15Income $63k: $50k to $65k, ok
+15Population +13.1% since 2015-2019: growing 10%+, best
0Renters 13.3%: under 20%, low
-1017 storage facilities within 10 mi (5 chain): 11+, penalty
-105 chain or REIT facilities within 10 mi
-30Supply 33 sq ft per person (413,511 sq ft / market population 12,526, 53% of facilities sized): 17.5+ sq ft, hard fail
-20Total, out of 100
Storage sq ft per person, 10 miles
33.0
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. 53% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,795
Residents of the Census place, ACS 5-year 2020 to 2024. 12,526 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$63,088
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+13.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
13.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
17
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 5 of them are chains or REITs.
Facilities whose nearest town is Homestead Meadows North
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Homestead Meadows North

No facility lists Homestead Meadows North as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Homestead Meadows South TX3 mi-55 / 100Fail
Sparks TX13 mi-27 / 100Fail
Agua Dulce TX14 mi-15 / 100Fail
Fort Bliss TX14 mi20 / 100Pass
Chaparral NM18 mi-22 / 100Fail
San Elizario TX19 mi23 / 100Pass

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

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