531130

Analysis

NAICS 531130 is the 2022 national industry for lessors of miniwarehouses and self-storage units, part of 53113 (Lessors of Miniwarehouses and Self-Storage Units). Census lists 9 example activities under it in the official index.

County Business Patterns counts 18,564 US establishments in this code in 2023, employing 48,382 people at an average annual payroll of $40,550 per employee (9th percentile of national industries). 91% of the establishments have fewer than five employees, which marks it as a small-business industry.

Between 2018 and 2023 the number of establishments grew 10% and employment rose 9%. The 2018 count used NAICS 2017, so part of a large move can come from codes being redefined rather than from businesses opening or closing.

Its index entries, the activities Census uses to assign businesses to this code, include equity real estate investment trusts (REITs), primarily…, lessors of miniwarehouses, lessors of self-storage units and miniwarehouse rental or leasing, among 9 in all.

For example, operating public and contract warehousing and storage facilities (except self-storage) are classified in 4931 (Warehousing and Storage) instead.

Census lists 2 related activities that belong elsewhere, most often in 4931 and 812990. Businesses that do several things are classified by their primary activity, the one that generates the most value, so check those boundaries before settling on this code.