Westway, TX self-storage market
Population 3,484. Fails the self-storage screen with -43 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
-43 / 100FailFails the screen
0Population 3,484: in the 2,000 to 20,000 scope
0Income $45k: under $45k, hard fail
-8Population -4.2% since 2015-2019: shrinking 2% to 5%, penalty
0Renters 17%: under 20%, low
-1028 storage facilities within 10 mi (7 chain): 11+, penalty
-107 chain or REIT facilities within 10 mi
-15Supply 13.9 sq ft per person (727,131 sq ft / market population 52,461, 75% of facilities sized): over 10 sq ft, penalty
-43Total, out of 100
Storage sq ft per person, 10 miles
13.9
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. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,484
Residents of the Census place, ACS 5-year 2020 to 2024. 52,461 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$44,852
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-4.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
17.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
28
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 7 of them are chains or REITs.
Facilities whose nearest town is Westway
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Westway
No facility lists Westway as its nearest scored town.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Vinton TX | 1 mi | 0 / 100Fail |
| Anthony TX | 2 mi | -30 / 100Fail |
| Canutillo TX | 3 mi | -35 / 100Fail |
| Anthony NM | 4 mi | -8 / 100Fail |
| Santa Teresa NM | 8 mi | -22 / 100Fail |
| Sunland Park NM | 10 mi | -22 / 100Fail |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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