Relative Price in 70507
With a median income of $42,027 and an average price of $103.52 per month for a storage unit, renting storage for a year in 70507 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 70507 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 70507
There are 6,351 households in 70507 Lafayette and approximately 56 storage units, meaning there are 0.00882 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 70507 has moderately low coverage, ranking in at the 44th percentile, which could make it less easy to find a unit here than elsewhere. 70507 has a somewhat-low number of units per household when compared to other ZIPs in Louisiana, ranking at the 46th percentile. If you're searching for storage here, you may want to expand your search.
In terms of the number of people living in 70507, the ZIP code has a population of 16,558. With a total of 8,160 square feet of storage space in the ZIP, there are 0.49sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 44th percentile. In terms of other ZIP codes in Louisiana, 70507 ranks at the 44th percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.