Buckhannon, WV self-storage market

Population 5,116. Fails the self-storage screen with -7 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-7 / 100Fail

Fails the screen

0Population 5,116: in the 2,000 to 20,000 scope
+15Income $55k: $50k to $65k, ok
-15Population -6.7% since 2015-2019: shrinking 5%+, penalty
+8Renters 37.3%: 30% to 40%, good
07 storage facilities within 10 mi (0 chain): 7 to 10, ok
-15Supply 13.7 sq ft per person (78,074 sq ft / market population 5,700, 86% of facilities sized): over 10 sq ft, penalty
0Score -7 is under the pass mark 15
-7Total, out of 100
Storage sq ft per person, 10 miles
13.7
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. 86% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,116
Residents of the Census place, ACS 5-year 2020 to 2024. 5,700 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$54,615
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-6.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
37.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
7
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 0 of them are chains or REITs.
Facilities whose nearest town is Buckhannon
7
7 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Buckhannon

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Grizzly Mountain StorageBuckhannon, WVIndependent4MembersMembersMembersMembers
Not In Your Garage Self Storage - HodgesvilleBuckhannon, WVIndependent1MembersMembersMembersMembers
RC Stor Self StorageBuckhannon, WVIndependent2MembersMembersMembersMembers
Stormin Normans Self StorageBuckhannon, WVIndependent16MembersMembersMembersMembers
Treasure Chest StorageBuckhannon, WVIndependent4MembersMembersMembersMembers
U-Store IncBuckhannon, WVIndependent3MembersMembersMembersMembers
self storageBuckhannon, WVIndependent0MembersMembersMembersMembers

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

Showing 7 of 7 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
Weston WV13 mi32 / 100Pass
Philippi WV14 mi20 / 100Pass
Stonewood WV18 mi33 / 100Pass
Nutter Fort WV19 mi41 / 100Pass
Elkins WV21 mi-25 / 100Fail
Clarksburg WV21 mi11 / 100Fail

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

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