Relative Price in 19124
With a median income of $29,285 and an average price of $96.61 per month for a storage unit, renting storage for a year in 19124 Philadelphia would require 4% 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 19124 is relatively expensive for most of its residents. When it comes to other ZIP codes in Pennsylvania, storage as a percent of median income is very expensive in comparison, ranking in at the 86th percentile.
Storage Coverage In 19124
There are 22,487 households in 19124 Philadelphia and approximately 485 storage units, meaning there are 0.02157 units per household. On a national scale, 19124 ranks in at the 52nd percentile of units-per-household in every ZIP code, which means it should be relatively easy to find a storage unit here. 19124 has a moderately high number of storage units per household compared to other ZIP codes in Pennsylvania, ranking at the 61st percentile.
In terms of the number of people living in 19124, the ZIP code has a population of 62,905. With a total of 40,650 square feet of storage space in the ZIP, there are 0.65sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 47th percentile. In terms of other ZIP codes in Pennsylvania, 19124 ranks at the 58th percentile, meaning it has moderately high coverage compared to other ZIP codes in the state.