Relative Price in 70121
With a median income of $42,184 and an average price of $144.32 per month for a storage unit, renting storage for a year in 70121 New Orleans would require 4.1% 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 91st percentile, which can allow us to conclude that storage in the 70121 is relatively expensive for most of its residents. When it comes to other ZIP codes in Louisiana, storage as a percent of median income is very expensive in comparison, ranking in at the 89th percentile.
Storage Coverage In 70121
There are 5,659 households in 70121 New Orleans and approximately 1,623 storage units, meaning there are 0.2868 units per household. In terms of units-per-household in ZIP codes nationwide, 70121 has a very high amount of coverage, ranking in at the 90th percentile, which means finding a storage unit should be no problem whatsoever. 70121 has a moderately high number of storage units per household compared to other ZIP codes in Louisiana, ranking at the 70th percentile.
In terms of the number of people living in 70121, the ZIP code has a population of 12,029. With a total of 171,133 square feet of storage space in the ZIP, there are 14.23sqft of storage per person. This is a very high number of square feet of storage per capita compared to other ZIP codes nationwide, ranking in at the 90th percentile. In terms of other ZIP codes in Louisiana, 70121 ranks at the 73rd percentile, meaning it has moderately high coverage compared to other ZIP codes in the state.