POPULATION
In 2024, the population in your selected geography is 8,819. The population has changed by 27.89 percent since 2010. It is estimated that the population in your area will be 9,250 five years from now, which represents a change of 4.9 percent from the current year. The current population is 50.1 percent male and 49.9 percent female. The median age of the population in your area is 39.0, compared with the U.S. average, which is 39.0. The population density in your area is 112 people per square mile.

HOUSEHOLDS
There are currently 3,469 households in your selected geography. The number of households has changed by 33.83 percent since 2010. It is estimated that the number of households in your area will be 3,681 five years from now, which represents a change of 6.1 percent from the current year. The average household size in your area is 2.5 people.

INCOME
In 2024, the median household income for your selected geography is $92,806, compared with the U.S. average, which is currently $76,141. The median household income for your area has changed by 48.91 percent since 2010. It is estimated that the median household income in your area will be $107,642 five years from now, which represents a change of 16.0 percent from the current year.

The current year per capita income in your area is $40,958, compared with the U.S. average, which is $40,471. The current year’s average household income in your area is $105,263, compared with the U.S. average, which is $101,307.

EMPLOYMENT
In 2024, 4,662 people in your selected area were employed. The 2010 Census revealed that 62.1 percent of employees are in white-collar occupations in this geography, and 29.4 percent are in blue-collar occupations. In 2024, unemployment in this area was 2.0 percent. In 2010, the average time traveled to work was 41.00 minutes.

HOUSING
The median housing value in your area was $300,260 in 2024, compared with the U.S. median of $321,016. In 2010, there were 2,207.00 owner-occupied housing units and 384.00 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. 25.3 percent of the selected area’s residents had earned a graduate degree compared with the national average of only 13.5 percent, and 7.1 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 17.8 percent vs. 8.8 percent, respectively.

The area had fewer high-school graduates, 0.7 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 44.0 percent in the selected area compared with the 19.7 percent in the U.S.

• Richmond, Virginia MSA Self Storage Offering with Upside & Expansion Opportunity
• Large, Stabilized, All Single-Story Facility
• Located in the Affluent Community of Aylett in King William County
• 91,750 Net Rentable Square Feet
• 180 Climate-Controlled Units, 381 Non-Climate Controlled Units, 10 Contractor Warehouse Units, and 8 Outdoor Parking Spaces
• Three Acres of Land Available for Expansion – Potential for Self Storage, Larger Warehouse, Flex Space, or Additional Parking
• Opportunity to Increase Rents
• Phase I Built in 2005 & Slowly Expanded Over Time
• High Daily Traffic Counts: 12,700+ Cars/Day on Richmond Tappahannock Highway (US-360)
• Well Maintained Property in Great Condition
• Affluent Market: Average Household Income Within One, Three, and Five Miles is Above the National Average
• Average HHI: 1-Mile: $115,074 | 3-Miles: $109,692 | 5-Miles: $105,263
• Growing Surrounding Population: Over 27% Population Growth Within Five Miles Since 2010
• New Residential Subdivision Under Development Nearby