Relative Price in 78704
With a median income of $47,497 and an average price of $151.83 per month for a storage unit, renting storage for a year in 78704 Austin would require 3.8% 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 89th percentile, which can allow us to conclude that storage in the 78704 is relatively expensive for most of its residents. When it comes to other ZIP codes in Texas, storage as a percent of median income is very expensive in comparison, ranking in at the 89th percentile.
Storage Coverage In 78704
There are 21,335 households in 78704 Austin and approximately 1,494 storage units, meaning there are 0.07003 units per household. On a national scale, 78704 ranks in at the 63rd percentile of units-per-household in every ZIP code, which means it should be relatively easy to find a storage unit here. 78704 has a moderately high number of storage units per household compared to other ZIP codes in Texas, ranking at the 60th percentile.
In terms of the number of people living in 78704, the ZIP code has a population of 42,117. With a total of 123,447 square feet of storage space in the ZIP, there are 2.93sqft 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 Texas, 78704 ranks at the 58th percentile, meaning it has moderately high coverage compared to other ZIP codes in the state.