Self-Storage Facilities in Hennepin County, MN — Market Data (2023)
55 self-storage facilities operate in Hennepin County, MN, based on 2023 U.S. Census Bureau County Business Patterns (CBP) data — the same establishment counts the federal government uses for economic statistics.
Market density
That works out to 0.437 establishments per 10,000 residents, 21.2% below the national average of 0.5543 per 10,000 residents for self-storage facilities. Markets with lower density have fewer competitors per capita; markets with higher density have more.
Market data
| Metric | Value |
|---|---|
| Establishments | 55 |
| Density (per 10,000 residents) | 0.437 |
| Employment | 233 |
| Annual payroll | $11,073,000 |
| Average business size (employees/establishment) | 4.2 |
| County population (2023) | 1,258,713 |
Less saturated nearby markets
These counties have a lower self-storage facilities density than Hennepin County — fewer competitors per capita for the same industry.
- Nassau County, NY: 0.434 per 10,000 residents (60 establishments)
- Oakland County, MI: 0.417 per 10,000 residents (53 establishments)
- Allegheny County, PA: 0.408 per 10,000 residents (50 establishments)
- Cuyahoga County, OH: 0.397 per 10,000 residents (49 establishments)
See the full Self-Storage Facilities by county ranking for all 45 counties with available data.
Other industries in Hennepin County, MN
Establishment counts and density for other tracked business types in Hennepin County, MN, 2023 CBP.
- Limited-Service Restaurants: 1,069 (8.493/10k)
- Full-Service Restaurants: 948 (7.532/10k)
- Home Remodelers: 711 (5.649/10k)
- Doctors Offices: 537 (4.266/10k)
- Dentists: 472 (3.75/10k)
- Landscaping Companies: 467 (3.71/10k)
- Hair Salons: 464 (3.686/10k)
- Child Day Care Centers: 447 (3.551/10k)
- Coffee Shops: 348 (2.765/10k)
- Chiropractors: 325 (2.582/10k)
- Auto Repair Shops: 286 (2.272/10k)
- Gyms and Fitness Centers: 231 (1.835/10k)
- Grocery Stores: 221 (1.756/10k)
- Nail Salons: 207 (1.645/10k)
- Family Clothing Stores: 136 (1.08/10k)
- Tax Preparation Services: 135 (1.073/10k)
- Veterinary Clinics: 125 (0.993/10k)
- Auto Body Shops: 111 (0.882/10k)
- Sports and Recreation Instruction: 110 (0.874/10k)
- Pet Grooming and Boarding: 103 (0.818/10k)
- Bars: 98 (0.779/10k)
- Dry Cleaners: 83 (0.659/10k)
- Optometrists: 68 (0.54/10k)
- Car Washes: 59 (0.469/10k)
- Florists: 51 (0.405/10k)
- Funeral Homes: 41 (0.326/10k)
- Bakeries: 39 (0.31/10k)
- Barbershops: 31 (0.246/10k)
- Weight Loss Centers: 15 (0.119/10k)
Frequently asked questions
How many self-storage facilities are there in Hennepin County, MN?
55 self-storage facilities operate in Hennepin County, MN, according to 2023 U.S. Census Bureau County Business Patterns data.
Is the self-storage facilities market in Hennepin County, MN saturated compared to the national average?
Hennepin County, MN has 0.437 self-storage facilities per 10,000 residents, which is 21.2% below the national average of 0.5543 per 10,000 residents. That means fewer competitors per capita than the typical U.S. county.
What is the average size of a self-storage facilitie business in Hennepin County, MN?
The average self-storage facilitie business in Hennepin County, MN has about 4.2 employees (233 total employment ÷ 55 establishments).
Are there less saturated nearby markets for self-storage facilities?
Yes — Nassau County, NY has a lower density (0.434 per 10,000 residents) than Hennepin County, MN, along with 3 other nearby counties listed below.