Relative Price in 70506
With a median income of $42,848 and an average price of $107.24 per month for a storage unit, renting storage for a year in 70506 Lafayette would require 3% of a median earner's annual income. When compared to the ratio between storage prices and income in ZIP codes nationwide, storage in 70506 is slightly more expensive than most others, ranking in at the 75th percentile nationally. In comparison to other ZIP codes in Louisiana, storage as a percent of median income is moderately expensive, ranking in at the 67th percentile.
Storage Coverage In 70506
There are 17,826 households in 70506 Lafayette and approximately 2,313 storage units, meaning there are 0.12975 units per household. On a national scale, 70506 ranks in at the 73rd percentile of units-per-household in every ZIP code, which means it should be relatively easy to find a storage unit here. 70506 has a moderately high number of storage units per household compared to other ZIP codes in Louisiana, ranking at the 56th percentile.
In terms of the number of people living in 70506, the ZIP code has a population of 41,163. With a total of 285,255 square feet of storage space in the ZIP, there are 6.93sqft 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 76th percentile. In terms of other ZIP codes in Louisiana, 70506 ranks at the 59th percentile, meaning it has moderately high coverage compared to other ZIP codes in the state.