Relative Price in 90047
With a median income of $42,795 and an average price of $189.68 per month for a storage unit, renting storage for a year in 90047 Los Angeles would require 5.3% 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 90047 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 97th percentile.
Storage Coverage In 90047
There are 16,168 households in 90047 Los Angeles and approximately 149 storage units, meaning there are 0.00922 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 90047 has moderately low coverage, ranking in at the 45th percentile, which could make it less easy to find a unit here than elsewhere. 90047 has a somewhat-low number of units per household when compared to other ZIPs in California, ranking at the 28th percentile. If you're searching for storage here, you may want to expand your search.
In terms of the number of people living in 90047, the ZIP code has a population of 48,606. With a total of 16,728 square feet of storage space in the ZIP, there are 0.34sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 39th percentile. In terms of other ZIP codes in California, 90047 ranks at the 26th percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.