Relative Price in 40206
With a median income of $47,341 and an average price of $150 per month for a storage unit, renting storage for a year in 40206 Louisville would require 3.8% 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 89th percentile, which can allow us to conclude that storage in the 40206 is relatively expensive for most of its residents. When it comes to other ZIP codes in Kentucky, storage as a percent of median income is very expensive in comparison, ranking in at the 80th percentile.
Storage Coverage In 40206
There are 9,488 households in 40206 Louisville and approximately 4 storage units, meaning there are 0.00042 units per household. In terms of units-per-household in ZIP codes nationwide, 40206 has very minimal coverage, ranking in at the 3rd percentile, which could make finding a unit here difficult. 40206 has a very low number of units per household compared to other ZIP codes in Kentucky, where it ranks in the 6th percentile. Those looking for storage might want to include adjacent ZIP codes in their search.
In terms of the number of people living in 40206, the ZIP code has a population of 18,865. With a total of 520 square feet of storage space in the ZIP, there are 0.03sqft of storage per person. This is a very low number of square feet of storage per capita compared to other ZIP codes nationwide, ranking in at only the 4th percentile. In terms of other ZIP codes in Kentucky, 40206 ranks at the 6th percentile, meaning it has very low coverage compared to other ZIP codes in the state.