Ponder, TX self-storage market

Population 2,626. 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 / 100Pass

Passes the screen

0Population 2,626: in the 2,000 to 20,000 scope
+25Income $106k: $70k+, best
+15Population +10.8% since 2015-2019: growing 10%+, best
0Renters 12.5%: under 20%, low
-1022 storage facilities within 10 mi (8 chain): 11+, penalty
-108 chain or REIT facilities within 10 mi
+15Supply 2.2 sq ft per person (405,624 sq ft / market population 182,900, 68% of facilities sized): under 7 sq ft, best
35Total, out of 100
Storage sq ft per person, 10 miles
2.2
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. 68% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,626
Residents of the Census place, ACS 5-year 2020 to 2024. 182,900 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$106,250
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+10.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
12.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
22
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 8 of them are chains or REITs.
Facilities whose nearest town is Ponder
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Ponder

No facility lists Ponder as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Justin TX6 mi30 / 100Pass
Krum TX8 mi40 / 100Pass
Northlake TX8 mi43 / 100Pass
Argyle TX8 mi35 / 100Pass
Bartonville TX10 mi35 / 100Pass
Roanoke TX12 mi45 / 100Pass

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

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