Washington Terrace, UT self-storage market

Population 9,182. Passes the self-storage screen with 28 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
28 / 100Pass

Passes the screen

0Population 9,182: in the 2,000 to 20,000 scope
+25Income $80k: $70k+, best
0Population +0.2% since 2015-2019: flat (within 2%), ok
+8Renters 30.8%: 30% to 40%, good
-1079 storage facilities within 10 mi (11 chain): 11+, penalty
-1011 chain or REIT facilities within 10 mi
+15Supply 5.1 sq ft per person (2,213,211 sq ft / market population 437,293, 82% of facilities sized): under 7 sq ft, best
28Total, out of 100
Storage sq ft per person, 10 miles
5.1
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. 82% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
9,182
Residents of the Census place, ACS 5-year 2020 to 2024. 437,293 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$80,119
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+0.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
30.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
79
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 11 of them are chains or REITs.
Facilities whose nearest town is Washington Terrace
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Washington Terrace

No facility lists Washington Terrace as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
South Ogden UT1 mi36 / 100Pass
Riverdale UT1 mi28 / 100Pass
South Weber UT3 mi28 / 100Pass
Sunset UT3 mi36 / 100Pass
West Point UT7 mi35 / 100Pass
Hooper UT7 mi28 / 100Pass

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

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