Relative Price in 78724
With a median income of $38,909 and an average price of $132.8 per month for a storage unit, renting storage for a year in 78724 Austin would require 4.1% 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 91st percentile, which can allow us to conclude that storage in the 78724 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 92nd percentile.
Storage Coverage In 78724
There are 5,630 households in 78724 Austin and approximately 30 storage units, meaning there are 0.00533 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 78724 has moderately low coverage, ranking in at the 39th percentile, which could make it less easy to find a unit here than elsewhere. 78724 has a somewhat-low number of units per household when compared to other ZIPs in Texas, ranking at the 39th percentile. If you're searching for storage here, you may want to expand your search.
In terms of the number of people living in 78724, the ZIP code has a population of 21,696. With a total of 5,729 square feet of storage space in the ZIP, there are 0.26sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 36th percentile. In terms of other ZIP codes in Texas, 78724 ranks at the 36th percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.