Relative Price in 73118
With a median income of $42,814 and an average price of $139.44 per month for a storage unit, renting storage for a year in 73118 Oklahoma City would require 3.9% 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 90th percentile, which can allow us to conclude that storage in the 73118 is relatively expensive for most of its residents. When it comes to other ZIP codes in Oklahoma, storage as a percent of median income is very expensive in comparison, ranking in at the 95th percentile.
Storage Coverage In 73118
There are 6,380 households in 73118 Oklahoma City and approximately 36 storage units, meaning there are 0.00564 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 73118 has moderately low coverage, ranking in at the 40th percentile, which could make it less easy to find a unit here than elsewhere. 73118 has a moderately high number of storage units per household compared to other ZIP codes in Oklahoma, ranking at the 50th percentile.
In terms of the number of people living in 73118, the ZIP code has a population of 14,172. With a total of 6,689 square feet of storage space in the ZIP, there are 0.47sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 43rd percentile. In terms of other ZIP codes in Oklahoma, 73118 ranks at the 50th percentile, meaning it has moderately high coverage compared to other ZIP codes in the state.