Relative Price in 97223
With a median income of $66,010 and an average price of $166.86 per month for a storage unit, renting storage for a year in 97223 Portland would require 3% of a median earner's annual income. When compared to the ratio between storage prices and income in ZIP codes nationwide, storage in 97223 is slightly more expensive than most others, ranking in at the 75th percentile nationally. 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 82nd percentile.
Storage Coverage In 97223
There are 18,520 households in 97223 Portland and approximately 21 storage units, meaning there are 0.00113 units per household. In terms of units-per-household in ZIP codes nationwide, 97223 has very minimal coverage, ranking in at the 13th percentile, which could make finding a unit here difficult. 97223 has a very low number of units per household compared to other ZIP codes in Oregon, where it ranks in the 9th percentile. Those looking for storage might want to include adjacent ZIP codes in their search.
In terms of the number of people living in 97223, the ZIP code has a population of 42,891. With a total of 2,181 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 Oregon, 97223 ranks at the 1st percentile, meaning it has very low coverage compared to other ZIP codes in the state.