Relative Price in 89118
With a median income of $51,243 and an average price of $98.11 per month for a storage unit, renting storage for a year in 89118 Las Vegas would require 2.3% of a median earner's annual income. In comparison to the ratio of storage price to median income of ZIP codes nationwide, 89118 ranks in the 48th percentile, making it moderately inexpensive. When compared to other ZIP codes in Nevada, storage as a fraction of median income is relatively inexpensive, ranking in at the 45th percentile.
Storage Coverage In 89118
There are 8,280 households in 89118 Las Vegas and approximately 130 storage units, meaning there are 0.0157 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 89118 has moderately low coverage, ranking in at the 49th percentile, which could make it less easy to find a unit here than elsewhere. 89118 has a moderately high number of storage units per household compared to other ZIP codes in Nevada, ranking at the 59th percentile.
In terms of the number of people living in 89118, the ZIP code has a population of 14,837. With a total of 20,555 square feet of storage space in the ZIP, there are 1.39sqft of storage per person. This is a moderately high number of square feet per population compared to other ZIP codes nationwide, ranking in the 53rd percentile. In terms of other ZIP codes in Nevada, 89118 ranks at the 54th percentile, meaning it has moderately high coverage compared to other ZIP codes in the state.