Relative Price in 78721
With a median income of $30,019 and an average price of $112.71 per month for a storage unit, renting storage for a year in 78721 Austin would require 4.5% 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 94th percentile, which can allow us to conclude that storage in the 78721 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 93rd percentile.
Storage Coverage In 78721
There are 3,775 households in 78721 Austin and approximately 14 storage units, meaning there are 0.00371 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 78721 has moderately low coverage, ranking in at the 34th percentile, which could make it less easy to find a unit here than elsewhere. 78721 has a somewhat-low number of units per household when compared to other ZIPs in Texas, ranking at the 35th percentile. If you're searching for storage here, you may want to expand your search.
In terms of the number of people living in 78721, the ZIP code has a population of 11,425. With a total of 1,950 square feet of storage space in the ZIP, there are 0.17sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 29th percentile. In terms of other ZIP codes in Texas, 78721 ranks at the 29th percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.