Relative Price in 11218
With a median income of $48,011 and an average price of $140.57 per month for a storage unit, renting storage for a year in 11218 Brooklyn would require 3.5% 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 85th percentile, which can allow us to conclude that storage in the 11218 is relatively expensive for most of its residents. In comparison to other ZIP codes in New York, storage as a percent of median income is moderately expensive, ranking in at the 72nd percentile.
Storage Coverage In 11218
There are 25,240 households in 11218 Brooklyn and approximately 18 storage units, meaning there are 0.00071 units per household. In terms of units-per-household in ZIP codes nationwide, 11218 has very minimal coverage, ranking in at the 7th percentile, which could make finding a unit here difficult. 11218 has a very low number of units per household compared to other ZIP codes in New York, where it ranks in the 7th percentile. Those looking for storage might want to include adjacent ZIP codes in their search.
In terms of the number of people living in 11218, the ZIP code has a population of 75,418. With a total of 720 square feet of storage space in the ZIP, there are 0.01sqft of storage per person. This is a very low number of square feet of storage per capita compared to other ZIP codes nationwide, ranking in at only the 0th percentile. In terms of other ZIP codes in New York, 11218 ranks at the 1st percentile, meaning it has very low coverage compared to other ZIP codes in the state.