Southworth, WA self-storage market

Population 2,286. 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 2,286: in the 2,000 to 20,000 scope
+25Income $123k: $70k+, best
+8Population +2.8% since 2015-2019: growing 2% to 10%, good
0Renters 14%: under 20%, low
-1046 storage facilities within 10 mi (19 chain): 11+, penalty
-1019 chain or REIT facilities within 10 mi
+15Supply 4.4 sq ft per person (945,733 sq ft / market population 213,269, 89% of facilities sized): under 7 sq ft, best
28Total, out of 100
Storage sq ft per person, 10 miles
4.4
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. 89% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,286
Residents of the Census place, ACS 5-year 2020 to 2024. 213,269 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$123,281
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+2.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
14.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
46
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 19 of them are chains or REITs.
Facilities whose nearest town is Southworth
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Southworth

No facility lists Southworth as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Manchester WA2 mi23 / 100Pass
Parkwood WA3 mi20 / 100Pass
East Port Orchard WA4 mi13 / 100Fail
Bethel WA4 mi35 / 100Pass
Port Orchard WA5 mi38 / 100Pass
Enetai WA6 mi40 / 100Pass

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

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