Relative Price in 95816
With a median income of $50,669 and an average price of $158.6 per month for a storage unit, renting storage for a year in 95816 Sacramento would require 3.8% 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 89th percentile, which can allow us to conclude that storage in the 95816 is relatively expensive for most of its residents. When it comes to other ZIP codes in California, storage as a percent of median income is very expensive in comparison, ranking in at the 89th percentile.
Storage Coverage In 95816
There are 9,191 households in 95816 Sacramento and approximately 43 storage units, meaning there are 0.00468 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 95816 has moderately low coverage, ranking in at the 37th percentile, which could make it less easy to find a unit here than elsewhere. 95816 has a very low number of units per household compared to other ZIP codes in California, where it ranks in the 22nd percentile. Those looking for storage might want to include adjacent ZIP codes in their search.
In terms of the number of people living in 95816, the ZIP code has a population of 15,579. With a total of 4,608 square feet of storage space in the ZIP, there are 0.3sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 38th percentile. In terms of other ZIP codes in California, 95816 ranks at the 25th percentile, meaning it has very low coverage compared to other ZIP codes in the state.