Relative Price in 60616
With a median income of $47,562 and an average price of $111.99 per month for a storage unit, renting storage for a year in 60616 Chicago would require 2.8% of a median earner's annual income. When compared to the ratio between storage prices and income in ZIP codes nationwide, storage in 60616 is slightly more expensive than most others, ranking in at the 69th percentile nationally. In comparison to other ZIP codes in Illinois, storage as a percent of median income is moderately expensive, ranking in at the 74th percentile.
Storage Coverage In 60616
There are 21,421 households in 60616 Chicago and approximately 3,449 storage units, meaning there are 0.16101 units per household. In terms of units-per-household in ZIP codes nationwide, 60616 has a very high amount of coverage, ranking in at the 78th percentile, which means finding a storage unit should be no problem whatsoever. 60616 has a very high number of storage units per household comapred to other Illinois ZIP codes, ranking in at the 85th percentile.
In terms of the number of people living in 60616, the ZIP code has a population of 48,433. With a total of 248,562 square feet of storage space in the ZIP, there are 5.13sqft of storage per person. This is a moderately high number of square feet per population compared to other ZIP codes nationwide, ranking in the 70th percentile. In terms of other ZIP codes in Illinois, 60616 ranks at the 78th percentile, meaning it has very high coverage compared to other ZIP codes in the state.