Richwood, WV self-storage market

Population 2,403. Fails the self-storage screen with 25 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in

25 / 100Fail

Fails the screen

0Population 2,403: in the 2,000 to 20,000 scope

0Income $31k: under $45k, hard fail

+15Population +13% since 2015-2019: growing 10%+, best

0Renters 17.2%: under 20%, low

+101 storage facilities within 10 mi (0 chain): 0 to 3, best

0Supply unknown: only 0% of the 1 nearby facilities have a size estimate, neutral, not a bonus

25Total, out of 100

Storage sq ft per person, 10 miles

Unknown

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.

0under 7: undersuppliedUS average 7.9over 10: crowded18+

Population

2,403

Residents of the Census place, ACS 5-year 2020 to 2024. 4,792 people live in Census places within 10 miles, the market this town is judged on.

Median household income

$30,833

Under $45k fails the screen. $70k and up scores best.

Population change since 2015 to 2019

+13.0%

Growth of 10% or more scores best. Shrinking towns lose points.

Renter households

17.2%

Renters move more and rent storage more. 40% and up scores best.

Storage facilities within 10 miles

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 Richwood

0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Richwood

No facility lists Richwood as its nearest scored town.

Town	Distance	Town scorehigher = better market to buy in
Craigsville WV	9 mi	0 / 100Fail
Summersville WV	17 mi	-4 / 100Fail
Lewisburg WV	29 mi	-15 / 100Fail
White Sulphur Springs WV	32 mi	-32 / 100Fail
Fayetteville WV	33 mi	40 / 100Pass
Oak Hill WV	36 mi	27 / 100Pass

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

$49 / month, all states