Relative Price in 49508
With a median income of $53,014 and an average price of $113.22 per month for a storage unit, renting storage for a year in 49508 Grand Rapids would require 2.6% of a median earner's annual income. When compared to the ratio between storage prices and income in ZIP codes nationwide, storage in 49508 is slightly more expensive than most others, ranking in at the 61st percentile nationally. In comparison to other ZIP codes in Michigan, storage as a percent of median income is moderately expensive, ranking in at the 67th percentile.
Storage Coverage In 49508
There are 15,031 households in 49508 Grand Rapids and approximately 2,791 storage units, meaning there are 0.18568 units per household. In terms of units-per-household in ZIP codes nationwide, 49508 has a very high amount of coverage, ranking in at the 81st percentile, which means finding a storage unit should be no problem whatsoever. 49508 has a moderately high number of storage units per household compared to other ZIP codes in Michigan, ranking at the 74th percentile.
In terms of the number of people living in 49508, the ZIP code has a population of 38,999. With a total of 326,972 square feet of storage space in the ZIP, there are 8.38sqft 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 80th percentile. In terms of other ZIP codes in Michigan, 49508 ranks at the 68th percentile, meaning it has moderately high coverage compared to other ZIP codes in the state.