Wellsville, UT self-storage market

Population 4,157. Passes the self-storage screen with 37 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
37 / 100Pass

Passes the screen

0Population 4,157: in the 2,000 to 20,000 scope
+25Income $104k: $70k+, best
+15Population +10.6% since 2015-2019: growing 10%+, best
0Renters 9.1%: under 20%, low
-1030 storage facilities within 10 mi (4 chain): 11+, penalty
-84 chain or REIT facilities within 10 mi
+15Supply 6.1 sq ft per person (731,521 sq ft / market population 119,092, 77% of facilities sized): under 7 sq ft, best
37Total, out of 100
Storage sq ft per person, 10 miles
6.1
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. 77% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,157
Residents of the Census place, ACS 5-year 2020 to 2024. 119,092 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$104,351
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+10.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
9.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
30
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 4 of them are chains or REITs.
Facilities whose nearest town is Wellsville
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Wellsville

No facility lists Wellsville as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Hyrum UT5 mi30 / 100Pass
Nibley UT6 mi30 / 100Pass
Providence UT9 mi30 / 100Pass
Brigham UT9 mi46 / 100Pass
River Heights UT9 mi23 / 100Pass
Perry UT12 mi45 / 100Pass

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

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