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%
