Lessors of Miniwarehouses and Self-Storage Units — Average Employee Salary
The average employee in the lessors of miniwarehouses and self-storage units industry earns $52,654 per year ($25.31/hour), according to Bureau of Labor Statistics QCEW data.
What Do Lessors of Miniwarehouses and Self-Storage Units Workers Earn?
At $52,654/year (equivalent to $25.31/hour for a full-time worker), lessors of miniwarehouses and self-storage units wages are below the national average of ~$65,000.
Lower wages in this industry are common in service-oriented or retail-adjacent sectors where entry barriers are lower. This can be an advantage for business owners managing payroll costs, but may contribute to higher turnover.
The typical lessors of miniwarehouses and self-storage units business employs 3 people. Most operations are small — often owner-operated with a handful of staff. Labor costs are manageable relative to revenue.
Wages as a Percentage of Revenue
For the average lessors of miniwarehouses and self-storage units business generating $751K/year with 3 employees at $52,654 each, total payroll represents roughly 21.0% of revenue. Labor costs are relatively low compared to revenue — other costs (materials, equipment, overhead) dominate.
What This Means for Business Owners
If you're starting or running a lessors of miniwarehouses and self-storage unitsbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $68,450/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 3 employees = ~$157,962/year in base payroll.
- Hourly equivalent: $25.31/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $751K/business, you need strong utilization rates to maintain healthy margins after payroll.
See how these wages compare to total revenue and profit margins.
View full Lessors of Miniwarehouses and Self-Storage Units revenue benchmarks →Frequently Asked Questions
- How much do lessors of miniwarehouses and self-storage units employees make?
- The average lessors of miniwarehouses and self-storage units employee earns $52,654 per year, which is equivalent to $25.31/hour for a full-time worker (2,080 hours/year). This is below the national average of approximately $65,000.
- How many people work in the lessors of miniwarehouses and self-storage units industry?
- The lessors of miniwarehouses and self-storage units industry employs 59,108 workers across 18,104 establishments in the United States. The average business in this industry has approximately 3 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).