Relative Price in 90007
With a median income of $21,195 and an average price of $106.59 per month for a storage unit, renting storage for a year in 90007 Los Angeles would require 6% 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 97th percentile, which can allow us to conclude that storage in the 90007 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 98th percentile.
Storage Coverage In 90007
There are 11,944 households in 90007 Los Angeles and approximately 1,662 storage units, meaning there are 0.13915 units per household. On a national scale, 90007 ranks in at the 74th percentile of units-per-household in every ZIP code, which means it should be relatively easy to find a storage unit here. 90007 has a moderately high number of storage units per household compared to other ZIP codes in California, ranking at the 57th percentile.
In terms of the number of people living in 90007, the ZIP code has a population of 40,920. With a total of 111,960 square feet of storage space in the ZIP, there are 2.74sqft of storage per person. This is a moderately high number of square feet per population compared to other ZIP codes nationwide, ranking in the 60th percentile. In terms of other ZIP codes in California, 90007 ranks at the 43rd percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.