Self Storage Rental: Interesting stats from Simply Self
Self Storage Rental: Interesting Stats brought to you by Simply Self Storage Richmond
• There are approximately 58,000 self storage facilities worldwide as of Q4 – 2010; there are more than 3,000 in Canada and more than 1,000 in Australia.
• Total self storage rentable space in the US is now 2.22 billion square feet (as of Q4-2010) [approximately 210 million square meters]. That figure represents more than 78 square miles of rentable self storage space, under roof – or an area well more than 3 times the size of Manhattan Island (NY)
• Nearly 1 in 10 US households (HH), or 10% (10.8 million of the 113.3 million US HH in 2007) currently rent a self storage unit; that has increased from 1 in 17 US HHs (6%) in 1995 – or an increase of approximately 65 percent in the last 15 years
• Nationally, at year-end 2010 all self storage facilities employed approximately 163,000 persons, or an average of 3.5 employees per facility
• There is 7.0 sq. of self storage space for every man, woman and child in the nation; thus, it is physically possible that every American could stand – all at the same time – under the total canopy of self storage roofing
• It took the self storage industry more than 25 years to build its first billion square feet of space; it added the second billion square feet in just 8 years (1998-2005)