Relative Price in 98122
With a median income of $57,971 and an average price of $235.33 per month for a storage unit, renting storage for a year in 98122 Seattle would require 4.9% 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 95th percentile, which can allow us to conclude that storage in the 98122 is relatively expensive for most of its residents. When it comes to other ZIP codes in Washington, storage as a percent of median income is very expensive in comparison, ranking in at the 99th percentile.
Storage Coverage In 98122
There are 15,717 households in 98122 Seattle and approximately 79 storage units, meaning there are 0.00503 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 98122 has moderately low coverage, ranking in at the 38th percentile, which could make it less easy to find a unit here than elsewhere. 98122 has a somewhat-low number of units per household when compared to other ZIPs in Washington, ranking at the 40th percentile. If you're searching for storage here, you may want to expand your search.
In terms of the number of people living in 98122, the ZIP code has a population of 31,454. With a total of 11,839 square feet of storage space in the ZIP, there are 0.38sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 41st percentile. In terms of other ZIP codes in Washington, 98122 ranks at the 46th percentile, meaning it has somewhat-low coverage compared to other ZIP codes in the state.