Relative Price in 48103
With a median income of $75,247 and an average price of $101.37 per month for a storage unit, renting storage for a year in 48103 Ann Arbor would require 1.6% 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 13th percentile nationally. In terms of other ZIP codes in Michigan, storage as a percent of median income is very cheap, ranking in at the 17th percentile statewide.
Storage Coverage In 48103
There are 23,208 households in 48103 Ann Arbor and approximately 4,080 storage units, meaning there are 0.1758 units per household. In terms of units-per-household in ZIP codes nationwide, 48103 has a very high amount of coverage, ranking in at the 80th percentile, which means finding a storage unit should be no problem whatsoever. 48103 has a moderately high number of storage units per household compared to other ZIP codes in Michigan, ranking at the 68th percentile.
In terms of the number of people living in 48103, the ZIP code has a population of 49,886. With a total of 412,990 square feet of storage space in the ZIP, there are 8.28sqft of storage per person. This is a very high number of square feet of storage per capita compared to other ZIP codes nationwide, ranking in at the 80th percentile. In terms of other ZIP codes in Michigan, 48103 ranks at the 67th percentile, meaning it has moderately high coverage compared to other ZIP codes in the state.