Self Storage · Detroit, MI

Self Storage Market in
Detroit, MI

$380M TAM · Market Score 78/100 · Ranked #15 of 925 MSAs by TAM

Bottom-up market data for the Detroit, MI MSA. Sourced from PinpointIQ's MSA-level intelligence platform.

Total TAM
$380M
rank #15 of 925
Market Score
78/100
rank #73 of 925 · 92th percentile
Operators
146
358 employees
Pop. growth (5-yr)
1.7%
rank #438 of 872

Market Score breakdown

How Detroit scored 78/100 for Self Storage

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Detroit ranks in the 92th percentile nationally for Self Storage.

ComponentWeightValuePercentile
Total Households40%1,768,81699
Fragmentation Score35%78.939
Renter Households25%509,44898

TAM by segment

$380M in Detroit broken down by segment

Storage_self Storage Household
$364M
96% of total TAM
Storage_self Storage Commercial
$16M
4% of total TAM

Demographic snapshot

Who lives and buys in Detroit

Population
4,376,828
1.7% 5-yr growth
Median HH income
$76,664
21.0% HHs $150K+
Housing units
1,926,157
17.8% age 65+
GDP per capita
$79,519

Frequently asked questions

Self Storage market in Detroit: common questions

How big is the self storage market in Detroit, MI?

The self storage market in Detroit, MI has a total addressable market of $380M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Detroit the #15 largest self storage market of 925 U.S. MSAs.

How many self storage companies are in Detroit?

PinpointIQ tracks 146 self storage establishments in the Detroit MSA, employing approximately 358 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Detroit rank nationally for self storage?

Detroit scores 78/100 on PinpointIQ's Self Storage Market Score, ranking #73 of 925 U.S. metros — the 92th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for self storage operators and investors.

What drives self storage demand in Detroit?

PinpointIQ scores Detroit's self storage market on 3 components: Total Households (40% weight, 99th percentile); Fragmentation Score (35% weight, 39th percentile); Renter Households (25% weight, 98th percentile). The weights are calibrated to the self storage vertical and applied consistently across every U.S. MSA.

What are the biggest self storage sub-segments in Detroit?

Detroit's $380M self storage TAM breaks down into: Storage_self Storage Household ($364M, 96% of TAM); Storage_self Storage Commercial ($16M, 4% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Detroit growing? How does population affect the self storage market?

Detroit has a population of 4,376,828 and has grown 1.7% over the last 5 years. Population change is one of the drivers of self storage demand and factors into PinpointIQ's Market Score alongside vertical-specific attractiveness metrics.

TAM figures reflect PinpointIQ's bottom-up market size model built from U.S. Census, BLS, IRS County Business Patterns, and other public + commercial sources at the census-tract level. Market Score is PinpointIQ's percentile-weighted composite; the components and weights are set per vertical and shown above. Data refreshed monthly.

See Self Storage data in your target markets.

Pull a free market report, start a trial, or walk through your target MSAs live.

Contact us

Questions, partnerships, or just want to learn more. We'd love to hear from you.