Relative Price in 87111
With a median income of $66,632 and an average price of $107.86 per month for a storage unit, renting storage for a year in 87111 Albuquerque would require 1.9% of a median earner's annual income. In comparison to the ratio of storage price to median income of ZIP codes nationwide, 87111 ranks in the 27th percentile, making it moderately inexpensive. In terms of other ZIP codes in New Mexico, storage as a percent of median income is very cheap, ranking in at the 24th percentile statewide.
Storage Coverage In 87111
There are 26,205 households in 87111 Albuquerque and approximately 130 storage units, meaning there are 0.00496 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 87111 has moderately low coverage, ranking in at the 38th percentile, which could make it less easy to find a unit here than elsewhere. 87111 has a moderately high number of storage units per household compared to other ZIP codes in New Mexico, ranking at the 52nd percentile.
In terms of the number of people living in 87111, the ZIP code has a population of 54,449. With a total of 14,874 square feet of storage space in the ZIP, there are 0.27sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 37th percentile. In terms of other ZIP codes in New Mexico, 87111 ranks at the 44th percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.