Relative Price in 79407
With a median income of $42,368 and an average price of $107.97 per month for a storage unit, renting storage for a year in 79407 Lubbock would require 3.1% 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 78th percentile, which can allow us to conclude that storage in the 79407 is relatively expensive for most of its residents. When it comes to other ZIP codes in Texas, storage as a percent of median income is very expensive in comparison, ranking in at the 77th percentile.
Storage Coverage In 79407
There are 7,667 households in 79407 Lubbock and approximately 31 storage units, meaning there are 0.00404 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 79407 has moderately low coverage, ranking in at the 35th percentile, which could make it less easy to find a unit here than elsewhere. 79407 has a somewhat-low number of units per household when compared to other ZIPs in Texas, ranking at the 36th percentile. If you're searching for storage here, you may want to expand your search.
In terms of the number of people living in 79407, the ZIP code has a population of 19,068. With a total of 5,000 square feet of storage space in the ZIP, there are 0.26sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 36th percentile. In terms of other ZIP codes in Texas, 79407 ranks at the 36th percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.