Relative Price in 90004
With a median income of $40,358 and an average price of $217.53 per month for a storage unit, renting storage for a year in 90004 Los Angeles would require 6.5% 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 98th percentile, which can allow us to conclude that storage in the 90004 is relatively expensive for most of its residents. When it comes to other ZIP codes in California, storage as a percent of median income is very expensive in comparison, ranking in at the 99th percentile.
Storage Coverage In 90004
There are 22,547 households in 90004 Los Angeles and approximately 3,168 storage units, meaning there are 0.14051 units per household. On a national scale, 90004 ranks in at the 75th percentile of units-per-household in every ZIP code, which means it should be relatively easy to find a storage unit here. 90004 has a moderately high number of storage units per household compared to other ZIP codes in California, ranking at the 58th percentile.
In terms of the number of people living in 90004, the ZIP code has a population of 62,180. With a total of 293,330 square feet of storage space in the ZIP, there are 4.72sqft of storage per person. This is a moderately high number of square feet per population compared to other ZIP codes nationwide, ranking in the 68th percentile. In terms of other ZIP codes in California, 90004 ranks at the 55th percentile, meaning it has moderately high coverage compared to other ZIP codes in the state.