Lake Worth, TX self-storage market

Population 4,829. Passes 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 / 100Pass

Passes the screen

0Population 4,829: in the 2,000 to 20,000 scope
+25Income $82k: $70k+, best
-8Population -2% since 2015-2019: shrinking 2% to 5%, penalty
+8Renters 34.2%: 30% to 40%, good
-1054 storage facilities within 10 mi (34 chain): 11+, penalty
-1034 chain or REIT facilities within 10 mi
+15Supply 1.2 sq ft per person (1,370,414 sq ft / market population 1,118,286, 72% of facilities sized): under 7 sq ft, best
20Total, out of 100
Storage sq ft per person, 10 miles
1.2
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. 72% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,829
Residents of the Census place, ACS 5-year 2020 to 2024. 1,118,286 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$81,910
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
34.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
54
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 34 of them are chains or REITs.
Facilities whose nearest town is Lake Worth
7
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lake Worth

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
10 Federal StorageLake Worth, TXChain or REIT40MembersMembersMembersMembers
Blacklock StorageLake Worth, TXIndependent61MembersMembersMembersMembers
CubeSmart Self StorageLake Worth, TXChain or REIT184MembersMembersMembersMembers
Extra Space StorageLake Worth, TXChain or REIT138MembersMembersMembersMembers
Lakeside StorageLake Worth, TXIndependent11MembersMembersMembersMembers
Public StorageLake Worth, TXChain or REIT391MembersMembersMembersMembers
Store It NowLake Worth, TXIndependent35MembersMembersMembersMembers

Lead score runs 0 to 100, higher = better lead. Lead Weak Fail

Showing 7 of 7 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
Sansom Park TX2 mi5 / 100Fail
River Oaks TX3 mi15 / 100Pass
Westworth TX4 mi30 / 100Pass
White Settlement TX4 mi26 / 100Pass
Blue Mound TX6 mi8 / 100Fail
Azle TX9 mi8 / 100Fail

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

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