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Whitney, TX Self Storage Portfolio

POPULATION
In 2022, the population in your selected geography is 8,845. The population has changed by 22.2 percent since 2000. It is estimated that the population in your area will be 9,132 five years from now, which represents a change of 3.2 percent from the current year. The current population is 48.8 percent male and 51.2 percent female. The median age of the population in your area is 48.5, compared with the U.S. average, which is 38.6. The population density in your area is 113 people per square mile.

HOUSEHOLDS
There are currently 3,783 households in your selected geography. The number of households has changed by 27.5 percent since 2000. It is estimated that the number of households in your area will be 3,912 five years from now, which represents a change of 3.4 percent from the current year. The average household size in your area is 2.4 people.

INCOME
In 2022, the median household income for your selected geography is $53,517, compared with the U.S. average, which is currently $66,422. The median household income for your area has changed by 75.8 percent since 2000. It is estimated that the median household income in your area will be $63,223 five years from now, which represents a change of 18.1 percent from the current year.

The current year per capita income in your area is $28,817, compared with the U.S. average, which is $37,200. The current year’s average household income in your area is $67,068, compared with the U.S. average, which is $96,357.

EMPLOYMENT
In 2022, 3,990 people in your selected area were employed. The 2000 Census revealed that 51.1 percent of employees are in white-collar occupations in this geography, and 48.9 percent are in blue-collar occupations. In 2022, unemployment in this area was 4.0 percent. In 2000, the average time traveled to work was 24.1 minutes.

HOUSING
The median housing value in your area was $118,407 in 2022, compared with the U.S. median of $250,735. In 2000, there were 2,335 owner-occupied housing units and 633 renter-occupied housing units in your area. The median rent at the time was $340.

EDUCATION
The selected area in 2022 had a lower level of educational attainment when compared with the U.S averages. Only 3.8 percent of the selected area’s residents had earned a graduate degree compared with the national average of 12.3 percent, and 12.2 percent completed a bachelor’s degree, compared with the national average of 19.7 percent.

The number of area residents with an associate degree was higher than the nation’s at 10.6 percent vs. 8.4 percent, respectively.

The area had more high-school graduates, 31.6 percent vs. 27.1 percent for the nation. The percentage of residents who completed some college is also higher than the average for the nation, at 25.5 percent in the selected area compared with the 20.4 percent in the U.S.

• Whitney, TX Self Storage Portfolio
• Three Locations All Within 2-6 Miles of Each Other
• 238,135 NRSF | 1,484 Total Units
• Mix of CC Units, NCC Units, Covered Parking, and Uncovered Parking
• Owner Has Always Been Consistently Full, Expanding on Each Facility Over the Years
• Cedar Ridge Self Storage Opened Late 2021, with Most Recent Expansion of 4 Buildings Being Complete in Spring of 2023
• Plans to Expand at All Locations
• 24-Hour Self Service Kiosk at the East Adams Location
• Excellent Locations & Street Frontage
• Growing Surrounding Populations: 22% Increase Since the Year 2000

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