Spencer, WV self-storage market

Population 2,291. Fails the self-storage screen with 35 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
35 / 100Fail

Fails the screen

0Population 2,291: in the 2,000 to 20,000 scope
0Income $38k: under $45k, hard fail
+15Population +10.2% since 2015-2019: growing 10%+, best
+10Renters 43.1%: 40%+, best
+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
0Map point moved 1 mi from the Census internal point to the population center
35Total, 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
2,291
Residents of the Census place, ACS 5-year 2020 to 2024. 2,583 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$37,639
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+10.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
43.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
1
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 Spencer
1
1 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Spencer

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Roane Self StorageSpencer, WVIndependent1MembersMembersMembersMembers

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

Showing 1 of 1 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
Ripley WV18 mi18 / 100Fail
Ravenswood WV23 mi32 / 100Fail
Sissonville WV27 mi5 / 100Fail
Mineralwells WV27 mi30 / 100Pass
Pinch WV28 mi42 / 100Pass
Cross Lanes WV33 mi23 / 100Pass

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

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