Relative Price in 70816
With a median income of $51,840 and an average price of $135.05 per month for a storage unit, renting storage for a year in 70816 Baton Rouge would require 3.1% 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 78th percentile, which can allow us to conclude that storage in the 70816 is relatively expensive for most of its residents. In comparison to other ZIP codes in Louisiana, storage as a percent of median income is moderately expensive, ranking in at the 74th percentile.
Storage Coverage In 70816
There are 18,520 households in 70816 Baton Rouge and approximately 4,582 storage units, meaning there are 0.24741 units per household. In terms of units-per-household in ZIP codes nationwide, 70816 has a very high amount of coverage, ranking in at the 87th percentile, which means finding a storage unit should be no problem whatsoever. 70816 has a moderately high number of storage units per household compared to other ZIP codes in Louisiana, ranking at the 67th percentile.
In terms of the number of people living in 70816, the ZIP code has a population of 43,194. With a total of 689,202 square feet of storage space in the ZIP, there are 15.96sqft 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 91st percentile. In terms of other ZIP codes in Louisiana, 70816 ranks at the 76th percentile, meaning it has very high coverage compared to other ZIP codes in the state.