Self Storage · Raleigh, NC

Self Storage Market in
Raleigh, NC

$162M TAM · Market Score 66/100 · Ranked #38 of 925 MSAs by TAM

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

Total TAM
$162M
rank #38 of 925
Market Score
66/100
rank #229 of 925 · 75th percentile
Operators
102
341 employees
Pop. growth (5-yr)
16.7%
rank #66 of 872

Market Score breakdown

How Raleigh scored 66/100 for Self Storage

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Raleigh ranks in the 75th percentile nationally for Self Storage.

ComponentWeightValuePercentile
Total Households40%574,29596
Fragmentation Score35%59.111
Renter Households25%191,71496

TAM by segment

$162M in Raleigh broken down by segment

Storage_self Storage Household
$154M
95% of total TAM
Storage_self Storage Commercial
$7M
5% of total TAM

Demographic snapshot

Who lives and buys in Raleigh

Population
1,487,302
16.7% 5-yr growth
Median HH income
$100,103
30.5% HHs $150K+
Housing units
619,032
13.3% age 65+
GDP per capita
$96,070

Frequently asked questions

Self Storage market in Raleigh: common questions

How big is the self storage market in Raleigh, NC?

The self storage market in Raleigh, NC has a total addressable market of $162M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Raleigh the #38 largest self storage market of 925 U.S. MSAs.

How many self storage companies are in Raleigh?

PinpointIQ tracks 102 self storage establishments in the Raleigh MSA, employing approximately 341 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Raleigh rank nationally for self storage?

Raleigh scores 66/100 on PinpointIQ's Self Storage Market Score, ranking #229 of 925 U.S. metros — the 75th 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 Raleigh?

PinpointIQ scores Raleigh's self storage market on 3 components: Total Households (40% weight, 96th percentile); Fragmentation Score (35% weight, 11th 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 Raleigh?

Raleigh's $162M self storage TAM breaks down into: Storage_self Storage Household ($154M, 95% of TAM); Storage_self Storage Commercial ($7M, 5% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

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

Raleigh has a population of 1,487,302 and has grown 16.7% 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.

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