Self Storage Market in
Philadelphia, PA
$632M TAM · Market Score 84/100 · Ranked #8 of 925 MSAs by TAM
Bottom-up market data for the Philadelphia, PA MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Philadelphia scored 84/100 for Self Storage
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Philadelphia ranks in the 99th percentile nationally for Self Storage.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Total Households | 40% | 2,467,761 | 100 |
| Fragmentation Score | 35% | 84.9 | 57 |
| Renter Households | 25% | 818,726 | 99 |
TAM by segment
$632M in Philadelphia broken down by segment
Demographic snapshot
Who lives and buys in Philadelphia
Frequently asked questions
Self Storage market in Philadelphia: common questions
How big is the self storage market in Philadelphia, PA?
The self storage market in Philadelphia, PA has a total addressable market of $632M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Philadelphia the #8 largest self storage market of 925 U.S. MSAs.
How many self storage companies are in Philadelphia?
PinpointIQ tracks 272 self storage establishments in the Philadelphia MSA, employing approximately 592 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Philadelphia rank nationally for self storage?
Philadelphia scores 84/100 on PinpointIQ's Self Storage Market Score, ranking #14 of 925 U.S. metros — the 99th 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 Philadelphia?
PinpointIQ scores Philadelphia's self storage market on 3 components: Total Households (40% weight, 100th percentile); Fragmentation Score (35% weight, 57th percentile); Renter Households (25% weight, 99th 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 Philadelphia?
Philadelphia's $632M self storage TAM breaks down into: Storage_self Storage Household ($605M, 96% of TAM); Storage_self Storage Commercial ($28M, 4% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Philadelphia growing? How does population affect the self storage market?
Philadelphia has a population of 6,272,014 and has grown 3.4% 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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