Lake Tapps, WA self-storage market

Population 12,798. Passes the self-storage screen with 20 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
20 / 100Pass

Passes the screen

0Population 12,798: in the 2,000 to 20,000 scope
+25Income $148k: $70k+, best
0Population -0.3% since 2015-2019: flat (within 2%), ok
0Renters 10.8%: under 20%, low
-1062 storage facilities within 10 mi (24 chain): 11+, penalty
-1024 chain or REIT facilities within 10 mi
+15Supply 3.3 sq ft per person (1,751,143 sq ft / market population 534,701, 85% of facilities sized): under 7 sq ft, best
20Total, out of 100
Storage sq ft per person, 10 miles
3.3
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. 85% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
12,798
Residents of the Census place, ACS 5-year 2020 to 2024. 534,701 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$148,005
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-0.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
10.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
62
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 24 of them are chains or REITs.
Facilities whose nearest town is Lake Tapps
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lake Tapps

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Lakeside Security StorageLake Tapps, WAIndependent4MembersMembersMembersMembers
West Tapps Mini StorageLake Tapps, WAIndependent30MembersMembersMembersMembers

Lead score runs 0 to 100, higher = better lead. Lead Weak Fail

Showing 2 of 2 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
Sumner WA3 mi38 / 100Pass
Pacific WA4 mi22 / 100Pass
Alderton WA4 mi10 / 100Fail
Algona WA5 mi20 / 100Pass
Edgewood WA5 mi43 / 100Pass
Lake Holm WA6 mi28 / 100Pass

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

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