Relative Price in 23504
With a median income of $26,232 and an average price of $113.89 per month for a storage unit, renting storage for a year in 23504 Norfolk would require 5.2% 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 96th percentile, which can allow us to conclude that storage in the 23504 is relatively expensive for most of its residents. When it comes to other ZIP codes in Virginia, storage as a percent of median income is very expensive in comparison, ranking in at the 100th percentile.
Storage Coverage In 23504
There are 7,792 households in 23504 Norfolk and approximately 9 storage units, meaning there are 0.00116 units per household. In terms of units-per-household in ZIP codes nationwide, 23504 has very minimal coverage, ranking in at the 13th percentile, which could make finding a unit here difficult. 23504 has a very low number of units per household compared to other ZIP codes in Virginia, where it ranks in the 7th percentile. Those looking for storage might want to include adjacent ZIP codes in their search.
In terms of the number of people living in 23504, the ZIP code has a population of 23,480. With a total of 1,250 square feet of storage space in the ZIP, there are 0.05sqft of storage per person. This is a very low number of square feet of storage per capita compared to other ZIP codes nationwide, ranking in at only the 8th percentile. In terms of other ZIP codes in Virginia, 23504 ranks at the 2nd percentile, meaning it has very low coverage compared to other ZIP codes in the state.