Relative Price in 70123
With a median income of $62,081 and an average price of $143.18 per month for a storage unit, renting storage for a year in 70123 New Orleans would require 2.8% of a median earner's annual income. When compared to the ratio between storage prices and income in ZIP codes nationwide, storage in 70123 is slightly more expensive than most others, ranking in at the 69th percentile nationally. In comparison to other ZIP codes in Louisiana, storage as a percent of median income is moderately expensive, ranking in at the 56th percentile.
Storage Coverage In 70123
There are 11,970 households in 70123 New Orleans and approximately 4,479 storage units, meaning there are 0.37419 units per household. In terms of units-per-household in ZIP codes nationwide, 70123 has a very high amount of coverage, ranking in at the 93rd percentile, which means finding a storage unit should be no problem whatsoever. 70123 has a very high number of storage units per household comapred to other Louisiana ZIP codes, ranking in at the 85th percentile.
In terms of the number of people living in 70123, the ZIP code has a population of 26,475. With a total of 439,085 square feet of storage space in the ZIP, there are 16.58sqft 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 92nd percentile. In terms of other ZIP codes in Louisiana, 70123 ranks at the 80th percentile, meaning it has very high coverage compared to other ZIP codes in the state.