Relative Price in 2155
With a median income of $69,803 and an average price of $213.08 per month for a storage unit, renting storage for a year in 2155 Medford would require 3.7% 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 88th percentile, which can allow us to conclude that storage in the 2155 is relatively expensive for most of its residents. In terms of other ZIP codes in Massachusetts, storage as a percent of median income is very cheap, ranking in at the 1st percentile statewide.
Storage Coverage In 2155
There are 22,798 households in 2155 Medford and approximately 412 storage units, meaning there are 0.01807 units per household. On a national scale, 2155 ranks in at the 50th percentile of units-per-household in every ZIP code, which means it should be relatively easy to find a storage unit here. 2155 has a moderately high number of storage units per household compared to other ZIP codes in Massachusetts, ranking at the 60th percentile.
In terms of the number of people living in 2155, the ZIP code has a population of 57,291. With a total of 63,851 square feet of storage space in the ZIP, there are 1.11sqft of storage per person. This is a moderately high number of square feet per population compared to other ZIP codes nationwide, ranking in the 52nd percentile. In terms of other ZIP codes in Massachusetts, 2155 ranks at the 61st percentile, meaning it has moderately high coverage compared to other ZIP codes in the state.