Self Storage Market in
Memphis, TN
$97M TAM · Market Score 81/100 · Ranked #51 of 925 MSAs by TAM
Bottom-up market data for the Memphis, TN MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Memphis scored 81/100 for Self Storage
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Memphis ranks in the 96th percentile nationally for Self Storage.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Total Households | 40% | 522,879 | 95 |
| Fragmentation Score | 35% | 83.3 | 53 |
| Renter Households | 25% | 206,526 | 96 |
TAM by segment
$97M in Memphis broken down by segment
Demographic snapshot
Who lives and buys in Memphis
Frequently asked questions
Self Storage market in Memphis: common questions
How big is the self storage market in Memphis, TN?
The self storage market in Memphis, TN has a total addressable market of $97M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Memphis the #51 largest self storage market of 925 U.S. MSAs.
How many self storage companies are in Memphis?
PinpointIQ tracks 101 self storage establishments in the Memphis MSA, employing approximately 227 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Memphis rank nationally for self storage?
Memphis scores 81/100 on PinpointIQ's Self Storage Market Score, ranking #34 of 925 U.S. metros — the 96th 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 Memphis?
PinpointIQ scores Memphis's self storage market on 3 components: Total Households (40% weight, 95th percentile); Fragmentation Score (35% weight, 53th percentile); Renter Households (25% weight, 96th 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 Memphis?
Memphis's $97M self storage TAM breaks down into: Storage_self Storage Household ($93M, 96% of TAM); Storage_self Storage Commercial ($4M, 4% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Memphis growing? How does population affect the self storage market?
Memphis has a population of 1,341,924 and has declined 0.2% 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.
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