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Eastern Michigan Self Storage Offering

POPULATION
In 2024, the population in your selected geography is 131,163. The population has changed by 6.89 percent since 2010. It is estimated that the population in your area will be 132,224 five years from now, which represents a change of 0.8 percent from the current year. The current population is 51.3 percent male and 48.7 percent female. The median age of the population in your area is 37.0, compared with the U.S. average, which is 39.0. The population density in your area is 1,667 people per square mile.

HOUSEHOLDS
There are currently 55,984 households in your selected geography. The number of households has changed by 8.95 percent since 2010. It is estimated that the number of households in your area will be 56,708 five years from now, which represents a change of 1.3 percent from the current year. The average household size in your area is 2.3 people.

INCOME
In 2024, the median household income for your selected geography is $88,372, compared with the U.S. average, which is currently $76,141. The median household income for your area has changed by 68.82 percent since 2010. It is estimated that the median household income in your area will be $105,001 five years from now, which represents a change of 18.8 percent from the current year.

The current year per capita income in your area is $44,100, compared with the U.S. average, which is $40,471. The current year’s average household income in your area is $105,824, compared with the U.S. average, which is $101,307.

EMPLOYMENT
In 2024, 71,424 people in your selected area were employed. The 2010 Census revealed that 70.4 percent of employees are in white-collar occupations in this geography, and 12.5 percent are in blue-collar occupations. In 2024, unemployment in this area was 4.0 percent. In 2010, the average time traveled to work was 24.00 minutes.

HOUSING
The median housing value in your area was $319,020 in 2024, compared with the U.S. median of $321,016. In 2010, there were 27,156.00 owner-occupied housing units and 24,234.00 renter-occupied housing units in your area.

EDUCATION
The selected area in 2024 had a lower level of educational attainment when compared with the U.S averages. 49.6 percent of the selected area’s residents had earned a graduate degree compared with the national average of only 13.5 percent, and 7.5 percent completed a bachelor’s degree, compared with the national average of 21.1 percent.

The number of area residents with an associate degree was higher than the nation’s at 13.0 percent vs. 8.8 percent, respectively.

The area had fewer high-school graduates, 1.3 percent vs. 26.2 percent for the nation. The percentage of residents who completed some college is also lower than the average for the nation, at 18.9 percent in the selected area compared with the 19.7 percent in the U.S.

• Eastern Michigan Self Storage Offering
• 41,200 Net Rentable Square Feet
• 332 Non-Climate Controlled Units
• Below Market Rents
• Currently No Website
• Great Location & Street Frontage
• High Daily Traffic Counts: ~18,000 Cars/Day off Michigan Avenue
• Dense Surrounding Population: 131,163 People Living Within Five Miles
• Affluent Market: Average Household Income Within One and Five Miles is Above the National Average
• Average HHI: 1-Mile: $113,289 | 5-Miles: 105,824
• Within Five Miles From Eastern Michigan University & Washtenaw Community College

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