Number of Lessors of Miniwarehouses and Self-Storage Units Businesses in the US (20002023)

As of 2023

86,663

lessors of miniwarehouses and self-storage units businesses in the United States

Number of Firms Over Time

74K80K85K91K96K20002005201020152020Number of Firms

Total Employment Over Time

462K514K565K616K668K20002005201020152020Total Employees

Key Insights

  • The lessors of miniwarehouses and self-storage units industry has declined 0.9% since 2000 (from 87,451 to 86,663 firms).
  • The peak year was 2000 with 87,451 firms.
  • Recent trend (last 5 years): the industry is shrinking (-0.6%).
  • Employment: 585,782 workers in 2023 (10.8% change since 2000).
  • Estimated 5-year survival rate: 61%.

Year-by-Year Data

YearFirmsEstablishmentsEmploymentEntry RateExit RateNet Growth
202386,663121,039585,78211.1%9.5%+2.5%
202287,118121,711598,89811.3%10.2%+3.8%
202186,176119,672576,90510.4%9.6%-5.1%
202086,507118,898607,1509.6%9.3%+1.2%
201987,210118,973601,6049.6%8.5%+1.4%
201886,889117,763593,8029.5%9.0%+1.9%
201786,940117,727583,1359.8%9.0%+2.0%
201686,818116,171572,98710.2%8.7%+0.1%
201586,754114,493572,4609.8%8.6%+1.5%
201486,707113,377561,8179.9%7.8%+3.8%

Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.