Relative Price in 38141
With a median income of $48,731 and an average price of $79.48 per month for a storage unit, renting storage for a year in 38141 Memphis would require 2% of a median earner's annual income. In comparison to the ratio of storage price to median income of ZIP codes nationwide, 38141 ranks in the 32nd percentile, making it moderately inexpensive. When compared to other ZIP codes in Tennessee, storage as a fraction of median income is relatively inexpensive, ranking in at the 26th percentile.
Storage Coverage In 38141
There are 7,507 households in 38141 Memphis and approximately 102 storage units, meaning there are 0.01359 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 38141 has moderately low coverage, ranking in at the 48th percentile, which could make it less easy to find a unit here than elsewhere. 38141 has a somewhat-low number of units per household when compared to other ZIPs in Tennessee, ranking at the 48th percentile. If you're searching for storage here, you may want to expand your search.
In terms of the number of people living in 38141, the ZIP code has a population of 22,462. With a total of 14,585 square feet of storage space in the ZIP, there are 0.65sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 47th percentile. In terms of other ZIP codes in Tennessee, 38141 ranks at the 42nd percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.