Relative Price in 87120
With a median income of $64,076 and an average price of $77.8 per month for a storage unit, renting storage for a year in 87120 Albuquerque would require 1.5% of a median earner's annual income. This is very affordable in terms of storage price as percent of median income in ZIP codes nationwide, ranking in at the 9th percentile nationally. In terms of other ZIP codes in New Mexico, storage as a percent of median income is very cheap, ranking in at the 4th percentile statewide.
Storage Coverage In 87120
There are 22,480 households in 87120 Albuquerque and approximately 891 storage units, meaning there are 0.03964 units per household. On a national scale, 87120 ranks in at the 56th percentile of units-per-household in every ZIP code, which means it should be relatively easy to find a storage unit here. 87120 has a moderately high number of storage units per household compared to other ZIP codes in New Mexico, ranking at the 72nd percentile.
In terms of the number of people living in 87120, the ZIP code has a population of 44,280. With a total of 74,526 square feet of storage space in the ZIP, there are 1.68sqft of storage per person. This is a moderately high number of square feet per population compared to other ZIP codes nationwide, ranking in the 55th percentile. In terms of other ZIP codes in New Mexico, 87120 ranks at the 64th percentile, meaning it has moderately high coverage compared to other ZIP codes in the state.