Oak Point, TX self-storage market
Population 5,887. 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 5,887: in the 2,000 to 20,000 scope
+25Income $126k: $70k+, best
+15Population +33.5% since 2015-2019: growing 10%+, best
0Renters 10.5%: under 20%, low
-1051 storage facilities within 10 mi (31 chain): 11+, penalty
-1031 chain or REIT facilities within 10 mi
+15Supply 2.3 sq ft per person (1,154,555 sq ft / market population 502,908, 69% of facilities sized): under 7 sq ft, best
0Map point moved 1.1 mi from the Census internal point to the population center
35Total, out of 100
Storage sq ft per person, 10 miles
2.3
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. 69% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,887
Residents of the Census place, ACS 5-year 2020 to 2024. 502,908 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$126,290
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+33.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
10.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
51
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 31 of them are chains or REITs.
Facilities whose nearest town is Oak Point
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Oak Point
No facility lists Oak Point as its nearest scored town.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Shady Shores TX | 3 mi | 28 / 100Pass |
| Cross Roads TX | 3 mi | 35 / 100Pass |
| Paloma Creek South TX | 4 mi | 40 / 100Pass |
| Providence TX | 4 mi | 40 / 100Pass |
| Paloma Creek TX | 4 mi | 10 / 100Fail |
| Lake Dallas TX | 4 mi | 20 / 100Pass |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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$49 / month, all states
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