Relative Price in 97203
With a median income of $43,918 and an average price of $181.45 per month for a storage unit, renting storage for a year in 97203 Portland would require 5% 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 97203 is relatively expensive for most of its residents. When it comes to other ZIP codes in Oregon, storage as a percent of median income is very expensive in comparison, ranking in at the 98th percentile.
Storage Coverage In 97203
There are 11,444 households in 97203 Portland and approximately 571 storage units, meaning there are 0.0499 units per household. On a national scale, 97203 ranks in at the 59th percentile of units-per-household in every ZIP code, which means it should be relatively easy to find a storage unit here. 97203 has a somewhat-low number of units per household when compared to other ZIPs in Oregon, ranking at the 49th percentile. If you're searching for storage here, you may want to expand your search.
In terms of the number of people living in 97203, the ZIP code has a population of 27,612. With a total of 61,649 square feet of storage space in the ZIP, there are 2.23sqft of storage per person. This is a moderately high number of square feet per population compared to other ZIP codes nationwide, ranking in the 58th percentile. In terms of other ZIP codes in Oregon, 97203 ranks at the 33rd percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.