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Lakeland, Florida MSA Self-Storage Offering in the Growing Area of Haines City

POPULATION
In 2023, the population in your selected geography is 63,956. The population has changed by 43.27 since 2010. It is estimated that the population in your area will be 73,543 five years from now, which represents a change of 15.0 percent from the current year. The current population is 48.9 percent male and 51.1 percent female. The median age of the population in your area is 43.5, compared with the U.S. average, which is 38.7. The population density in your area is 815 people per square mile.

HOUSEHOLDS
There are currently 25,122 households in your selected geography. The number of households has changed by 43.20 since 2010. It is estimated that the number of households in your area will be 28,889 five years from now, which represents a change of 15.0 percent from the current year. The average household size in your area is 2.5 people.

INCOME
In 2023, the median household income for your selected geography is $47,375, compared with the U.S. average, which is currently $68,480.The median household income for your area has changed by 32.37 since 2010. It is estimated that the median household income in your area will be $51,221 five years from now, which represents a change of 8.1 percent from the current year.

The current year per capita income in your area is $25,243, compared with the U.S. average, which is $39,249. The current year’s average household income in your area is $64,102, compared with the U.S. average, which is $100,106.

EMPLOYMENT
In 2023, 27,167 people in your selected area were employed. The 2010 Census revealed that 50.2 percent of employees are in white-collar occupations in this geography, and 17.4 percent are in blue-collar occupations. In 2023, unemployment in this area was 5.0 percent. In 2010, the average time traveled to work was 28.00 minutes.

HOUSING
The median housing value in your area was $185,020 in 2023, compared with the U.S. median of $268,796. In 2010, there were 12,646.00 owner-occupied housing units and 4,899.00 renter-occupied housing units in your area.

EDUCATION
The selected area in 2023 had a lower level of educational attainment when compared with the U.S averages. Only 6.0 percent of the selected area’s residents had earned a graduate degree compared with the national average of 12.7 percent, and 12.2 percent completed a bachelor’s degree, compared with the national average of 20.2 percent.

The number of area residents with an associate degree was lower than the nation’s at 8.2 percent vs. 8.5 percent, respectively.

The area had more high-school graduates, 37.0 percent vs. 26.9 percent for the nation. The percentage of residents who completed some college is also higher than the average for the nation, at 21.0 percent in the selected area compared with the 20.1 percent in the U.S.

• Lakeland, Florida MSA Self-Storage Offering in the Growing Area of Haines City
• 62,230 Net Rentable Square Feet
• 168 Climate Controlled Self Storage Units | 228 Non-Climate Controlled Self Storage Units | 4 Retail Spaces | 22 Outdoor Boat/RV/Vehicle Parking Spaces | 18 Covered Parking Spaces
• Additional 1,500 SF Office (not included in unit mix) Currently Used as Management Office
• Currently Below Market Asking Rates
• Recent Capital Improvements: New Asphalt Paving
• Recently Added Tenant Insurance
• High Daily Traffic Counts: Approx. 20,000 Cars/Day off US Highway 17 92 West
• Excellent Visibility Along Both US Highway 17-92 (FL-600) and Old Dixie Highway (Lee Jackson Memorial Highway)
• Rapidly Growing Surrounding Population Base: Population Within a 5-Mile Radius has Grown by 43.27% Since 2010 and is Projected to Grow an Additional 15% in the Next 5 Years

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