Relative Price in 80231
With a median income of $40,034 and an average price of $134.45 per month for a storage unit, renting storage for a year in 80231 Denver would require 4% 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 80231 is relatively expensive for most of its residents. When it comes to other ZIP codes in Colorado, storage as a percent of median income is very expensive in comparison, ranking in at the 91st percentile.
Storage Coverage In 80231
There are 16,171 households in 80231 Denver and approximately 114 storage units, meaning there are 0.00705 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 80231 has moderately low coverage, ranking in at the 42nd percentile, which could make it less easy to find a unit here than elsewhere. 80231 has a somewhat-low number of units per household when compared to other ZIPs in Colorado, ranking at the 48th percentile. If you're searching for storage here, you may want to expand your search.
In terms of the number of people living in 80231, the ZIP code has a population of 32,127. With a total of 18,599 square feet of storage space in the ZIP, there are 0.58sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 45th percentile. In terms of other ZIP codes in Colorado, 80231 ranks at the 51st percentile, meaning it has moderately high coverage compared to other ZIP codes in the state.