Monahans, TX self-storage market

Population 7,452. Passes the self-storage screen with 42 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
42 / 100Pass

Passes the screen

0Population 7,452: in the 2,000 to 20,000 scope
+25Income $71k: $70k+, best
-8Population -2.2% since 2015-2019: shrinking 2% to 5%, penalty
+5Renters 27%: 20% to 30%, ok
+55 storage facilities within 10 mi (0 chain): 4 to 6, good
+15Supply 6.4 sq ft per person (47,467 sq ft / market population 7,452): under 7 sq ft, best
0Map point moved 12.4 mi from the Census internal point to the population center (the Google search was centered there: nearby facilities come from neighbor searches)
42Total, out of 100
Storage sq ft per person, 10 miles
6.4
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
7,452
Residents of the Census place, ACS 5-year 2020 to 2024. 7,452 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$70,677
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
27.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
5
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 Monahans
5
5 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Monahans

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
AA Security Self StorageMonahans, TXIndependent2MembersMembersMembersMembers
B & C Self Storage LlcMonahans, TXIndependent0MembersMembersMembersMembers
HAVN StorageMonahans, TXIndependent39MembersMembersMembersMembers
Longhorn StoragesMonahans, TXIndependent1MembersMembersMembersMembers
Monahans Self StorageMonahans, TXIndependent1MembersMembersMembersMembers

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

Showing 5 of 5 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
Kermit TX22 mi35 / 100Pass
Crane TX35 mi40 / 100Pass
Town of Pecos TX39 mi30 / 100Pass
Jal NM40 mi45 / 100Pass
Fort Stockton TX48 mi44 / 100Pass
Andrews TX54 mi50 / 100Pass

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

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