Relative Price in 60614
With a median income of $89,741 and an average price of $286.93 per month for a storage unit, renting storage for a year in 60614 Chicago 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 60614 is relatively expensive for most of its residents. When it comes to other ZIP codes in Illinois, storage as a percent of median income is very expensive in comparison, ranking in at the 95th percentile.
Storage Coverage In 60614
There are 34,850 households in 60614 Chicago and approximately 58 storage units, meaning there are 0.00166 units per household. In terms of units-per-household in ZIP codes nationwide, 60614 has very minimal coverage, ranking in at the 20th percentile, which could make finding a unit here difficult. 60614 has a very low number of units per household compared to other ZIP codes in Illinois, where it ranks in the 16th percentile. Those looking for storage might want to include adjacent ZIP codes in their search.
In terms of the number of people living in 60614, the ZIP code has a population of 66,617. With a total of 10,211 square feet of storage space in the ZIP, there are 0.15sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 27th percentile. In terms of other ZIP codes in Illinois, 60614 ranks at the 19th percentile, meaning it has very low coverage compared to other ZIP codes in the state.