Somerset, TX self-storage market

Population 2,005. Fails the self-storage screen with -2 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-2 / 100Fail

Fails the screen

0Population 2,005: in the 2,000 to 20,000 scope
+25Income $78k: $70k+, best
+15Population +21.9% since 2015-2019: growing 10%+, best
+8Renters 31%: 30% to 40%, good
-1016 storage facilities within 10 mi (5 chain): 11+, penalty
-105 chain or REIT facilities within 10 mi
-30Supply 32 sq ft per person (191,668 sq ft / market population 5,988, 63% of facilities sized): 17.5+ sq ft, hard fail
-2Total, out of 100
Storage sq ft per person, 10 miles
32.0
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. 63% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,005
Residents of the Census place, ACS 5-year 2020 to 2024. 5,988 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$77,917
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+21.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
31.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
16
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 Somerset
4
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Somerset

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Covered Keeper - SomersetSomerset, TXIndependent2MembersMembersMembersMembers
Low Kost StorageSomerset, TXIndependent7MembersMembersMembersMembers
Somerset Public StorageSomerset, TXChain or REIT0MembersMembersMembersMembers
Toyoroma Storage L.P.Somerset, TXIndependent18MembersMembersMembersMembers

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

Showing 4 of 4 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
Lytle TX8 mi3 / 100Fail
Lackland AFB TX11 mi45 / 100Pass
Poteet TX14 mi-27 / 100Fail
Sandy Oaks TX15 mi0 / 100Fail
Devine TX16 mi-22 / 100Fail
Castroville TX16 mi26 / 100Pass

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

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