Self Storage Industry Fact Sheet 2016

For over 40 years the association has served as the official trade organization and voice of the u s.

Self storage industry fact sheet 2016.

Size of the industries. The estimated total turnover of the storage industry in 2016 was 540 million pounds. Updated 3 7 2020 this page contains statistics about the u s. The self storage industry has been one of the fastest growing sectors of the united states commercial real estate industry over the period of the last 38 years.

The last report in 2014 showed the self storage industry in the united states generating 27 2 billion in annual revenue. Self storage sector snapshot average monthly. Statistic brain 0 05 of the population is employed by the self storage industry. Statistic brain the average price of a storage unit at auction is 425 with about 155 000 sold annually.

3 things to know about investing in self storage spaces self storage stocks prosper in bull and bear markets. 2015 16 self storage industry fact sheet as of 07 01 2015 the self storage industry has been one of the fastest growing sectors of the united states commercial real estate industry over the period of the last 40 years there are now over 48 500 primary self storage facilities in the united states as of year end 2014. Total self storage rentable space in the us is about 2 3 billion square feet. Operations self storage fact sheet.

Industry statistics cover all companies in the united states both public and private ranging in size from small businesses to market leaders in addition to revenue the industry market analysis shows information on employees companies and average firm size. That figure represents more than 78 square miles of rentable self storage space. Self storage fact sheet. And international self storage industry.

Many people see this as a low risk business investment and can also yield very high returns on your investment. Households currently rent a self storage unit. The self storage association ssa is a not for profit tax exempt organization formed in 1975 under section 501 c 6 of the internal revenue code. Statistics on this page will be updated as we receive new data.

The self storage industry is a lucrative and diverse business industry. Industry market size for self storage miniwarehouses. By christine giordano contributor june 20 2016 at 9 19 a m. 172 000 people are employed by storage unit companies in the united states.