Relative Price in 48104
With a median income of $53,342 and an average price of $147.91 per month for a storage unit, renting storage for a year in 48104 Ann Arbor would require 3.3% of a median earner's annual income. This ratio of storage price to median income is very high compared to other ZIP codes nationally, ranking in at the 82nd percentile, which can allow us to conclude that storage in the 48104 is relatively expensive for most of its residents. When it comes to other ZIP codes in Michigan, storage as a percent of median income is very expensive in comparison, ranking in at the 88th percentile.
Storage Coverage In 48104
There are 15,561 households in 48104 Ann Arbor and approximately 897 storage units, meaning there are 0.05764 units per household. On a national scale, 48104 ranks in at the 60th percentile of units-per-household in every ZIP code, which means it should be relatively easy to find a storage unit here. 48104 has a somewhat-low number of units per household when compared to other ZIPs in Michigan, ranking at the 38th percentile. If you're searching for storage here, you may want to expand your search.
In terms of the number of people living in 48104, the ZIP code has a population of 38,881. With a total of 109,406 square feet of storage space in the ZIP, there are 2.81sqft of storage per person. This is a moderately high number of square feet per population compared to other ZIP codes nationwide, ranking in the 61st percentile. In terms of other ZIP codes in Michigan, 48104 ranks at the 37th percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.