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Home » Industries » Moving and Storage Businesses: Industry Data and Startup Projections (2026)

Moving and Storage Businesses: Industry Data and Startup Projections (2026)

October 30, 2026

Market size
About 6.95 million hand laborers and material movers (all industries)
Recent growth
Jobs projected +4% from 2024 to 2034
Jobs and pay
Median pay $37,680 (May 2024)
Typical startup cost
Low for labor-only; moderate to high with trucks
Licenses and permits
Federal rules for interstate household goods; state licensing for local moves
Best for
Organized operators who manage crews and customer expectations well

Figures as of October 2026. Sources are listed at the end of this page.

People move for jobs, family, downsizing and new homes, and many hire help. The Bureau of Labor Statistics counted about 6.95 million hand laborers and material movers across all industries in 2024, with a median wage of $37,680 in May 2024, and projects 4% growth from 2024 to 2034.

Moving businesses range from labor-only crews that load customers’ rental trucks to full-service local movers with trucks and storage. Reviews, careful crews and clear pricing decide who wins jobs in a market where customers fear damage and surprise fees.

Moving and storage businesses: business models compared

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The workforce

Occupation Jobs (2024) Median pay (May 2024) Projected growth, 2024 to 2034
Hand laborers and material movers (all) about 7.0 million $37,680 +4%

Source: U.S. Bureau of Labor Statistics, Occupational Outlook Handbook.

Business models compared

The figures below are illustrative months from our step-by-step guides, not industry averages. They show how revenue and costs typically fit together; your market, prices and costs will differ.

Business model Startup costs Example monthly revenue Costs Profit before owner pay Margin
Local moving company (2 trucks) Moderate to high: trucks, equipment, insurance, licensing $48,000 $36,300 $11,700 24%
Labor-only moving help Low: dollies, pads, straps, insurance $14,000 $7,900 $6,100 44%
Junk removal add-on Low to moderate: truck or trailer, disposal accounts $12,000 $6,800 $5,200 43%

Fixed and variable costs

For projections, the most useful split is between variable costs, which rise and fall with sales (materials, parts, hourly labor), and fixed costs, which you pay every month regardless (rent, salaried staff, insurance, loan payments).

Business model Variable costs (% of revenue) Fixed costs per month What it means
Local moving company (2 trucks) 50.0% $12,300 Mostly variable: profitable early, but watch cash flow
Labor-only moving help 40.0% $2,300 Mostly variable: profitable early, but watch cash flow
Junk removal add-on 43.3% $1,600 Mostly variable: profitable early, but watch cash flow

What the numbers say

Labor is the biggest cost. Crew wages and workers’ comp take a large share of revenue, so efficient crews and accurate estimates matter.

Trucks add fixed costs. Payments, insurance and maintenance need steady bookings.

Add-on services raise revenue. Packing, junk removal and storage increase each job’s value.

The three models in brief

Local moving company. Trucks, crews and full-service local moves.

Labor-only moving help. Loading and unloading customers’ rental trucks or containers; low startup costs.

Junk removal add-on. Hauling unwanted items during moves, plus standalone cleanouts.

Cost structure: local moving company (2 trucks)

Each cost as a share of the example month’s revenue ($48,000):

Cost Monthly amount Share of revenue Type
Crew wages $16,800 35.0% Variable
Truck payments $3,600 7.5% Fixed
Marketing $3,500 7.3% Fixed
Payroll taxes and workers’ comp $3,400 7.1% Variable
Office and booking $3,000 6.2% Fixed
Fuel $2,600 5.4% Variable
Insurance $2,200 4.6% Fixed
Supplies $1,200 2.5% Variable
Profit before owner pay $11,700 24%

A first-year projection: local moving company (2 trucks)

New businesses rarely start at full speed. This projection assumes revenue ramps from 35% of the example month in month 1 to 100% by month 12, variable costs move with revenue, and fixed costs stay the same every month. It’s a planning illustration, not a forecast.

Month Revenue Variable costs Fixed costs Profit Cumulative
1 $16,800 $8,400 $12,300 -$3,900 -$3,900
2 $21,600 $10,800 $12,300 -$1,500 -$5,400
3 $26,400 $13,200 $12,300 $900 -$4,500
4 $29,760 $14,880 $12,300 $2,580 -$1,920
5 $33,600 $16,800 $12,300 $4,500 $2,580
6 $36,480 $18,240 $12,300 $5,940 $8,520
7 $39,360 $19,680 $12,300 $7,380 $15,900
8 $41,760 $20,880 $12,300 $8,580 $24,480
9 $43,680 $21,840 $12,300 $9,540 $34,020
10 $45,600 $22,800 $12,300 $10,500 $44,520
11 $47,040 $23,520 $12,300 $11,220 $55,740
12 $48,000 $24,000 $12,300 $11,700 $67,440

Year one: revenue $430,080, profit before owner pay $67,440. The first profitable month is month 3. Cumulative results bottom out at -$5,400, which is the minimum cash cushion this plan would need, before any startup costs.

Truck payments, insurance and office costs come first, so this illustration turns profitable in month 3, with a cumulative low of about $5,400. Moving is seasonal; summer months often carry the year.

How movers price

  • Hourly rates per crew size, with minimums, for local moves.
  • Flat-rate quotes after a walkthrough or video survey.
  • Packing, materials and specialty items priced separately.
  • Interstate moves priced by weight or volume and distance, following federal rules.

A startup checklist

  • Check state licensing for local moves; interstate household goods movers need a USDOT number and MC authority.
  • Arrange insurance and explain valuation coverage clearly to customers.
  • Buy equipment: dollies, pads, straps, tools and, eventually, trucks.
  • Train crews on lifting safety and protecting homes.
  • Build your local presence: see local SEO for contractors.

Where the opportunities are

  • Senior moves and downsizing.
  • Apartment and student moves.
  • Office and small business moves.
  • Packing and unpacking services.

Key terms

Term Meaning
Valuation coverage The mover’s liability level for lost or damaged items
Binding estimate A quote that won’t change if the inventory stays the same
Labor-only move Crews load or unload; the customer provides the truck
Long carry Extra distance between truck and door, often priced separately

Reviews are everything

Customers fear damage, delays and surprise charges. Clear written estimates, careful crews and fast responses to issues earn the reviews that bring the next job.

Marketing a moving company

Reviews, local search, real estate agent and apartment complex partnerships, and senior living communities bring steady bookings. See how to get more contractor leads.

Plan for seasonality

Summer and month-ends are busiest. Hire and train before peak season, and fill slower months with junk removal, storage and commercial work.

How to use these numbers for your own plan

  1. Start with the closest model above and its cost structure.
  2. Replace every price and cost with local quotes: insurance, wages, vehicles, materials and your expected prices.
  3. Estimate your ramp: how many jobs you can realistically win each month in year one.
  4. Separate fixed and variable costs, then calculate your break-even point with our free break-even calculator.
  5. Map cash month by month with our cash flow forecast, including equipment and loan payments.
  6. Build the plan in our free Business Planner.

These figures will also feed a planned Advanton projection tool, so you’ll be able to start from an industry template and adjust it to your situation.

About this data

Workforce figures come from the U.S. Bureau of Labor Statistics (Occupational Outlook Handbook and Occupational Employment and Wage Statistics, May 2024 and the 2024 to 2034 projections). Market figures cite their sources in the list above. Business model figures are illustrative months built from typical prices and costs to show how revenue, fixed costs and variable costs fit together; they are not industry averages or guarantees. We review these profiles when new government data is released, at least once a year. The same figures are available in a structured format for Advanton’s upcoming business projection tool.

Licensing and rules

Interstate household goods movers need a USDOT number, MC authority and must follow federal consumer protection rules; many states license intrastate movers; insurance and valuation coverage disclosures; commercial driver rules for larger trucks. Requirements change; confirm with your state and local agencies before you start.

Frequently asked questions

What do movers earn?
BLS reports a median of $37,680 for hand laborers and material movers (May 2024).

Do moving companies need a license?
Interstate household goods movers need federal registration; many states license local movers.

What’s the cheapest way to start a moving business?
Labor-only moving help needs only equipment, insurance and reliable crews.

How can I use these numbers?
Start with the closest moving model, then replace every figure with your local prices, wages and expected volume.

Share this industry data

Keep learning

  • Local moving company
  • Local SEO for contractors
  • How to get more contractor leads
  • Specialty trades industry data

Sources

  1. U.S. Bureau of Labor Statistics, Hand laborers and material movers

Last reviewed October 30, 2026. Startup costs are estimates; check local prices, licensing and tax rules before you commit money.

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