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Core Boston Stabilized Extra Space Storage Managed Facility

POPULATION
In 2024, the population in your selected geography is 824,205. The population has changed by 12.05 percent since 2010. It is estimated that the population in your area will be 837,004 five years from now, which represents a change of 1.6 percent from the current year. The current population is 50.7 percent male and 49.3 percent female. The median age of the population in your area is 35.0, compared with the U.S. average, which is 39.0. The population density in your area is 10,473 people per square mile.

HOUSEHOLDS
There are currently 349,461 households in your selected geography. The number of households has changed by 14.53 percent since 2010. It is estimated that the number of households in your area will be 356,763 five years from now, which represents a change of 2.1 percent from the current year. The average household size in your area is 2.2 people.

INCOME
In 2024, the median household income for your selected geography is $106,867, compared with the U.S. average, which is currently $76,141. The median household income for your area has changed by 77.28 percent since 2010. It is estimated that the median household income in your area will be $125,347 five years from now, which represents a change of 17.3 percent from the current year.

The current year per capita income in your area is $58,825, compared with the U.S. average, which is $40,471. The current year’s average household income in your area is $132,568, compared with the U.S. average, which is $101,307.

EMPLOYMENT
In 2024, 490,896 people in your selected area were employed. The 2010 Census revealed that 69.1 percent of employees are in white-collar occupations in this geography, and 11.9 percent are in blue-collar occupations. In 2024, unemployment in this area was 3.0 percent. In 2010, the average time traveled to work was 29.00 minutes.

HOUSING
The median housing value in your area was $782,185 in 2024, compared with the U.S. median of $321,016. In 2010, there were 118,710.00 owner-occupied housing units and 186,400.00 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. 51.5 percent of the selected area’s residents had earned a graduate degree compared with the national average of only 13.5 percent, and 4.3 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 lower than the nation’s at 7.2 percent vs. 8.8 percent, respectively.

The area had fewer high-school graduates, 1.5 percent vs. 26.2 percent for the nation, but the percentage of residents who completed some college is higher than the average for the nation, at 21.1 percent in the selected area compared with the 19.7 percent in the U.S.

• Core Boston Stabilized Extra Space Storage Managed Facility
• Located in the Affluent, Growing and Rapidly Redeveloping Suburb of Everett
• About 4 Miles From Downtown Boston | About 4 Miles From Cambridge
• Facility Converted into Self Storage In 2020 | Stabilized and Opportunity to Now Rapidly Grow Rents, ECRIs and Income
• Very High Barrier to Entry and Undersaturated Market: Only 3.08 Net Rentable Square Feet Per Capita Within Five Miles
• Located in the Heart of the Everett Commercial Triangle
• Around the Corner and Less Than a Mile Away From the Docklands, the Massive Planned Mixed-Use Development at the Former Exxon Site
• Total Estimate of Around 2,000 New Residential Units Being Built Nearby Between Greystar and Many Other Multi-Family Projects Either Under Construction, Permitted or Approved
• 48,717 Net Rentable Square Feet
• 519 Climate Controlled Units | 52 Non Climate Controlled Units | Two Outdoor Parking Leases
• Prime Location, Visibility and Accessibility on the Very Busy Revere Beach Parkway | Over 50,000 Cars Passing Daily
• $132,568 Average Household Income Within Five Miles
• Extremely Dense Surrounding Population: 824,205 People Living Within a Five-Mile Radius & 379,970 People Living Within a Three-Mile Radius
• Over 12% Population Growth Within Five Miles Since 2010
• Surrounded by Numerous Residential Neighborhoods, Restaurants, National Retail Brands, Shopping Centers, and More

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