1031 Exchange Vestavia, Alabama

 

Surrounding submarket Area

Vestavia, Alabama is a part of the East Birmingham submarket area.

Vestavia Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Vestavia, AL submarket area was $1,032, which is 13.28% higher than 2014 average rent. This represents a compounded annual growth rate of 2.53%. 2019 vacancy in Vestavia, AL was 5.20%.

The total population of the city of Vestavia, AL has grown 1.26% since 2010. As of 2018, the population was 34,461. The median household income of the Vestavia was $105,218, which is 74.51% higher than the national average.

  • submarket area East Birmingham
  • avg rent $1,032
  • rent growth 13.28%
  • vacancy 5.20%
  • median income $105,218
  • population (2018) 34,461
  • population growth 1.26%
  • vs. nat'l avg 74.51%

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