Vernon, TX self-storage market

Population 9,848. Fails the self-storage screen with 8 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
8 / 100Fail

Fails the screen

0Population 9,848: in the 2,000 to 20,000 scope
+15Income $51k: $50k to $65k, ok
-15Population -6.3% since 2015-2019: shrinking 5%+, penalty
+8Renters 37.1%: 30% to 40%, good
+55 storage facilities within 10 mi (0 chain): 4 to 6, good
-5Supply 9.7 sq ft per person (98,214 sq ft / market population 10,175, 80% of facilities sized): 9 to 10 sq ft, caution
0Score 8 is under the pass mark 15
8Total, out of 100
Storage sq ft per person, 10 miles
9.7
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. 80% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
9,848
Residents of the Census place, ACS 5-year 2020 to 2024. 10,175 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$51,114
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-6.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
37.1%
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 Vernon
5
5 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Vernon

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
B & J Mini StorageVernon, TXIndependent7MembersMembersMembersMembers
Lone Star StorageVernon, TXIndependent0MembersMembersMembersMembers
North Texas Self StorageVernon, TXIndependent32MembersMembersMembersMembers
Texoma Self StorageVernon, TXIndependent14MembersMembersMembersMembers
Vernon Self StorageVernon, TXIndependent2MembersMembersMembersMembers

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
Electra TX23 mi13 / 100Check
Frederick OK24 mi15 / 100Fail
Quanah TX27 mi25 / 100Pass
Altus OK35 mi25 / 100Pass
Iowa Park TX38 mi31 / 100Pass
Seymour TX38 mi13 / 100Fail

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

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