Relative Price in 1970
With a median income of $57,313 and an average price of $165.61 per month for a storage unit, renting storage for a year in 1970 Salem would require 3.5% 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 85th percentile, which can allow us to conclude that storage in the 1970 is relatively expensive for most of its residents. In comparison to other ZIP codes in Massachusetts, storage as a percent of median income is moderately expensive, ranking in at the 73rd percentile.
Storage Coverage In 1970
There are 17,781 households in 1970 Salem and approximately 47 storage units, meaning there are 0.00264 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 1970 has moderately low coverage, ranking in at the 29th percentile, which could make it less easy to find a unit here than elsewhere. 1970 has a somewhat-low number of units per household when compared to other ZIPs in Massachusetts, ranking at the 38th percentile. If you're searching for storage here, you may want to expand your search.
In terms of the number of people living in 1970, the ZIP code has a population of 40,268. With a total of 6,491 square feet of storage space in the ZIP, there are 0.16sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 28th percentile. In terms of other ZIP codes in Massachusetts, 1970 ranks at the 39th percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.