Relative Price in 48108
With a median income of $64,258 and an average price of $131.53 per month for a storage unit, renting storage for a year in 48108 Ann Arbor would require 2.5% of a median earner's annual income. When compared to the ratio between storage prices and income in ZIP codes nationwide, storage in 48108 is slightly more expensive than most others, ranking in at the 58th percentile nationally. In comparison to other ZIP codes in Michigan, storage as a percent of median income is moderately expensive, ranking in at the 63rd percentile.
Storage Coverage In 48108
There are 10,997 households in 48108 Ann Arbor and approximately 3,623 storage units, meaning there are 0.32945 units per household. In terms of units-per-household in ZIP codes nationwide, 48108 has a very high amount of coverage, ranking in at the 92nd percentile, which means finding a storage unit should be no problem whatsoever. 48108 has a very high number of storage units per household comapred to other Michigan ZIP codes, ranking in at the 90th percentile.
In terms of the number of people living in 48108, the ZIP code has a population of 23,399. With a total of 417,293 square feet of storage space in the ZIP, there are 17.83sqft 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 93rd percentile. In terms of other ZIP codes in Michigan, 48108 ranks at the 88th percentile, meaning it has very high coverage compared to other ZIP codes in the state.