La Homa, TX self-storage market

Population 11,285. Fails the self-storage screen with -15 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-15 / 100Fail

Fails the screen

0Population 11,285: in the 2,000 to 20,000 scope
0Income $37k: under $45k, hard fail
-15Population -11.3% since 2015-2019: shrinking 5%+, penalty
+5Renters 21.3%: 20% to 30%, ok
-1041 storage facilities within 10 mi (15 chain): 11+, penalty
-1015 chain or REIT facilities within 10 mi
+15Supply 3.2 sq ft per person (1,014,092 sq ft / market population 316,427, 73% of facilities sized): under 7 sq ft, best
-15Total, out of 100
Storage sq ft per person, 10 miles
3.2
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. 73% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
11,285
Residents of the Census place, ACS 5-year 2020 to 2024. 316,427 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$36,895
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-11.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
21.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
41
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 15 of them are chains or REITs.
Facilities whose nearest town is La Homa
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near La Homa

No facility lists La Homa as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Doffing TX2 mi-13 / 100Fail
Palmhurst TX3 mi12 / 100Fail
Palmview TX4 mi15 / 100Fail
Perezville TX4 mi-15 / 100Fail
Citrus TX4 mi-18 / 100Fail
Penitas TX5 mi19 / 100Pass

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

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