Relative Price in 29577
With a median income of $37,933 and an average price of $113.42 per month for a storage unit, renting storage for a year in 29577 Myrtle Beach would require 3.6% 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 86th percentile, which can allow us to conclude that storage in the 29577 is relatively expensive for most of its residents. When it comes to other ZIP codes in South Carolina, storage as a percent of median income is very expensive in comparison, ranking in at the 93rd percentile.
Storage Coverage In 29577
There are 11,762 households in 29577 Myrtle Beach and approximately 26 storage units, meaning there are 0.00221 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 29577 has moderately low coverage, ranking in at the 26th percentile, which could make it less easy to find a unit here than elsewhere. 29577 has a very low number of units per household compared to other ZIP codes in South Carolina, where it ranks in the 25th percentile. Those looking for storage might want to include adjacent ZIP codes in their search.
In terms of the number of people living in 29577, the ZIP code has a population of 26,934. With a total of 4,823 square feet of storage space in the ZIP, there are 0.18sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 30th percentile. In terms of other ZIP codes in South Carolina, 29577 ranks at the 30th percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.