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, 16.6% below the national average of 0.5237 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.
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 16.6% below the national average of 0.5237 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.