Memphis, TX self-storage market
Population 2,174. Passes the self-storage screen with 35 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
35 / 100PassPasses the screen
0Population 2,174: in the 2,000 to 20,000 scope
+5Income $48k: $45k to $50k, weak
0Population -1.9% since 2015-2019: flat (within 2%), ok
+5Renters 27.2%: 20% to 30%, ok
+100 storage facilities within 10 mi, confirmed empty (nearest known storage facility 20.6 mi away): 0 to 3, best
+15Supply 0 sq ft per person: no facility within 10 mi, nearest known storage facility 20.6 mi away
35Total, out of 100
Storage sq ft per person, 10 miles
0.0
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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,174
Residents of the Census place, ACS 5-year 2020 to 2024. 2,236 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$47,639
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-1.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
27.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
0
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 Memphis
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Memphis
No facility lists Memphis as its nearest scored town.
Nearby towns
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$49 / month, all states
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