Relative Price in 40216
With a median income of $41,502 and an average price of $99.53 per month for a storage unit, renting storage for a year in 40216 Louisville would require 2.9% of a median earner's annual income. When compared to the ratio between storage prices and income in ZIP codes nationwide, storage in 40216 is slightly more expensive than most others, ranking in at the 72nd percentile nationally. In comparison to other ZIP codes in Kentucky, storage as a percent of median income is moderately expensive, ranking in at the 66th percentile.
Storage Coverage In 40216
There are 16,768 households in 40216 Louisville and approximately 15 storage units, meaning there are 0.00089 units per household. In terms of units-per-household in ZIP codes nationwide, 40216 has very minimal coverage, ranking in at the 9th percentile, which could make finding a unit here difficult. 40216 has a somewhat-low number of units per household when compared to other ZIPs in Kentucky, ranking at the 26th percentile. If you're searching for storage here, you may want to expand your search.
In terms of the number of people living in 40216, the ZIP code has a population of 40,746. With a total of 1,893 square feet of storage space in the ZIP, there are 0.05sqft 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 8th percentile. In terms of other ZIP codes in Kentucky, 40216 ranks at the 26th percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.