Relative Price in 2905
With a median income of $34,503 and an average price of $132.13 per month for a storage unit, renting storage for a year in 2905 Providence would require 4.6% 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 94th percentile, which can allow us to conclude that storage in the 2905 is relatively expensive for most of its residents. When it comes to other ZIP codes in Rhode Island, storage as a percent of median income is very expensive in comparison, ranking in at the 100th percentile.
Storage Coverage In 2905
There are 8,465 households in 2905 Providence and approximately 8 storage units, meaning there are 0.00095 units per household. In terms of units-per-household in ZIP codes nationwide, 2905 has very minimal coverage, ranking in at the 10th percentile, which could make finding a unit here difficult. 2905 has a very low number of units per household compared to other ZIP codes in Rhode Island, where it ranks in the 0th percentile. Those looking for storage might want to include adjacent ZIP codes in their search.
In terms of the number of people living in 2905, the ZIP code has a population of 20,393. With a total of 1,075 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 Rhode Island, 2905 ranks at the 0th percentile, meaning it has very low coverage compared to other ZIP codes in the state.