Relative Price in 85016
With a median income of $43,849 and an average price of $98.04 per month for a storage unit, renting storage for a year in 85016 Phoenix would require 2.7% of a median earner's annual income. When compared to the ratio between storage prices and income in ZIP codes nationwide, storage in 85016 is slightly more expensive than most others, ranking in at the 65th percentile nationally. In comparison to other ZIP codes in Arizona, storage as a percent of median income is moderately expensive, ranking in at the 67th percentile.
Storage Coverage In 85016
There are 15,969 households in 85016 Phoenix and approximately 1,140 storage units, meaning there are 0.07139 units per household. On a national scale, 85016 ranks in at the 63rd percentile of units-per-household in every ZIP code, which means it should be relatively easy to find a storage unit here. 85016 has a moderately high number of storage units per household compared to other ZIP codes in Arizona, ranking at the 52nd percentile.
In terms of the number of people living in 85016, the ZIP code has a population of 33,896. With a total of 176,788 square feet of storage space in the ZIP, there are 5.22sqft of storage per person. This is a moderately high number of square feet per population compared to other ZIP codes nationwide, ranking in the 70th percentile. In terms of other ZIP codes in Arizona, 85016 ranks at the 99th percentile, meaning it has very high coverage compared to other ZIP codes in the state.