Relative Price in 7304
With a median income of $40,861 and an average price of $162.83 per month for a storage unit, renting storage for a year in 7304 Jersey City would require 4.8% 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 95th percentile, which can allow us to conclude that storage in the 7304 is relatively expensive for most of its residents. When it comes to other ZIP codes in New Jersey, storage as a percent of median income is very expensive in comparison, ranking in at the 96th percentile.
Storage Coverage In 7304
There are 15,064 households in 7304 Jersey City and approximately 138 storage units, meaning there are 0.00916 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 7304 has moderately low coverage, ranking in at the 45th percentile, which could make it less easy to find a unit here than elsewhere. 7304 has a somewhat-low number of units per household when compared to other ZIPs in New Jersey, ranking at the 37th percentile. If you're searching for storage here, you may want to expand your search.
In terms of the number of people living in 7304, the ZIP code has a population of 41,745. With a total of 13,188 square feet of storage space in the ZIP, there are 0.32sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 39th percentile. In terms of other ZIP codes in New Jersey, 7304 ranks at the 31st percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.