Fox Island, WA self-storage market

Population 3,414. Fails the self-storage screen with 5 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
5 / 100Fail

Fails the screen

0Population 3,414: in the 2,000 to 20,000 scope
+25Income $172k: $70k+, best
-15Population -12.9% since 2015-2019: shrinking 5%+, penalty
0Renters 7.3%: under 20%, low
-1051 storage facilities within 10 mi (20 chain): 11+, penalty
-1020 chain or REIT facilities within 10 mi
+15Supply 3.2 sq ft per person (1,332,684 sq ft / market population 418,987, 90% of facilities sized): under 7 sq ft, best
0Map point moved 1.3 mi from the Census internal point to the population center
0Score 5 is under the pass mark 15
5Total, out of 100
Storage sq ft per person, 10 miles
3.2
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. 90% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,414
Residents of the Census place, ACS 5-year 2020 to 2024. 418,987 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$172,292
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-12.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
7.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
51
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 20 of them are chains or REITs.
Facilities whose nearest town is Fox Island
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Fox Island

No facility lists Fox Island as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Wollochet WA3 mi33 / 100Pass
Artondale WA4 mi28 / 100Pass
Fircrest WA5 mi33 / 100Pass
Steilacoom WA6 mi36 / 100Pass
Gig Harbor WA6 mi43 / 100Pass
Rosedale WA7 mi5 / 100Fail

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

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