Salem Lakes, WI self-storage market

Population 14,366. Fails the self-storage screen with 12 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
12 / 100Fail

Fails the screen

0Population 14,366: in the 2,000 to 20,000 scope
+25Income $95k: $70k+, best
-8Population -2.5% since 2015-2019: shrinking 2% to 5%, penalty
0Renters 16.8%: under 20%, low
-1025 storage facilities within 10 mi (5 chain): 11+, penalty
-105 chain or REIT facilities within 10 mi
+15Supply 6.6 sq ft per person (636,601 sq ft / market population 96,663, 92% of facilities sized): under 7 sq ft, best
0Score 12 is under the pass mark 15
12Total, out of 100
Storage sq ft per person, 10 miles
6.6
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. 92% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
14,366
Residents of the Census place, ACS 5-year 2020 to 2024. 96,663 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$94,819
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
16.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
25
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 5 of them are chains or REITs.
Facilities whose nearest town is Salem Lakes
3
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Salem Lakes

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Highway 50 Storage LLCSalem Lakes, WIIndependent28MembersMembersMembersMembers
MT Storage of SalemSalem Lakes, WIIndependent9MembersMembersMembersMembers
Out of Site Self StorageSalem Lakes, WIIndependent1MembersMembersMembersMembers

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

Showing 3 of 3 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
Paddock Lake WI3 mi0 / 100Fail
Channel Lake IL4 mi30 / 100Pass
Antioch IL5 mi33 / 100Pass
Bristol WI6 mi28 / 100Pass
Twin Lakes WI6 mi3 / 100Fail
Spring Grove IL8 mi28 / 100Pass

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

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