Relative Price in 38125
With a median income of $66,852 and an average price of $86.6 per month for a storage unit, renting storage for a year in 38125 Memphis would require 1.6% of a median earner's annual income. This is very affordable in terms of storage price as percent of median income in ZIP codes nationwide, ranking in at the 13th percentile nationally. In terms of other ZIP codes in Tennessee, storage as a percent of median income is very cheap, ranking in at the 12th percentile statewide.
Storage Coverage In 38125
There are 13,173 households in 38125 Memphis and approximately 160 storage units, meaning there are 0.01215 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 38125 has moderately low coverage, ranking in at the 47th percentile, which could make it less easy to find a unit here than elsewhere. 38125 has a somewhat-low number of units per household when compared to other ZIPs in Tennessee, ranking at the 44th percentile. If you're searching for storage here, you may want to expand your search.
In terms of the number of people living in 38125, the ZIP code has a population of 36,150. With a total of 21,971 square feet of storage space in the ZIP, there are 0.61sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 46th percentile. In terms of other ZIP codes in Tennessee, 38125 ranks at the 39th percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.