Progreso, TX self-storage market
Population 4,998. Fails the self-storage screen with -10 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
-10 / 100FailFails the screen
0Population 4,998: in the 2,000 to 20,000 scope
+5Income $46k: $45k to $50k, weak
-15Population -15.4% since 2015-2019: shrinking 5%+, penalty
+5Renters 26.1%: 20% to 30%, ok
-1017 storage facilities within 10 mi (5 chain): 11+, penalty
-105 chain or REIT facilities within 10 mi
+15Supply 2.3 sq ft per person (281,685 sq ft / market population 122,654, 76% of facilities sized): under 7 sq ft, best
0Score -10 is under the pass mark 15
-10Total, 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. 76% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,998
Residents of the Census place, ACS 5-year 2020 to 2024. 122,654 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$45,924
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-15.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
26.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
17
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 5 of them are chains or REITs.
Facilities whose nearest town is Progreso
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Progreso
No facility lists Progreso as its nearest scored town.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Llano Grande TX | 3 mi | -13 / 100Fail |
| Mercedes TX | 5 mi | 8 / 100Fail |
| Midway South TX | 6 mi | 7 / 100Fail |
| Scissors TX | 6 mi | 10 / 100Fail |
| Donna TX | 7 mi | 13 / 100Fail |
| Midway North TX | 7 mi | -5 / 100Fail |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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