Relative Price in 87106
With a median income of $33,627 and an average price of $98.63 per month for a storage unit, renting storage for a year in 87106 Albuquerque 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 87106 is relatively expensive for most of its residents. When it comes to other ZIP codes in New Mexico, storage as a percent of median income is very expensive in comparison, ranking in at the 76th percentile.
Storage Coverage In 87106
There are 12,022 households in 87106 Albuquerque and approximately 161 storage units, meaning there are 0.01339 units per household. When compared to the ratio of units-to-households in other ZIP codes nationwide, 87106 has moderately low coverage, ranking in at the 48th percentile, which could make it less easy to find a unit here than elsewhere. 87106 has a moderately high number of storage units per household compared to other ZIP codes in New Mexico, ranking at the 60th percentile.
In terms of the number of people living in 87106, the ZIP code has a population of 25,682. With a total of 17,978 square feet of storage space in the ZIP, there are 0.7sqft of storage per person. This is a moderately-low number of square feet per person compared to other ZIP codes nationwide, placing in the 48th percentile. In terms of other ZIP codes in New Mexico, 87106 ranks at the 60th percentile, meaning it has moderately high coverage compared to other ZIP codes in the state.