1031 Exchange Goodyear, Arizona

 

Surrounding submarket Area

Goodyear, Arizona is a part of the Goodyear/Avondale Submarket submarket area, and contains zip codes 85338 and 85395.

Goodyear Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Goodyear, AZ submarket area was $1,193, which is 27.87% higher than 2014 average rent. This represents a compounded annual growth rate of 5.04%. 2019 vacancy in Goodyear, AZ was 4.50%.

The total population of the city of Goodyear, AZ has grown 26.90% since 2010. As of 2018, the population was 82,835. The median household income of the Goodyear was $80,336, which is 33.24% higher than the national average.

  • submarket area Goodyear / Avondale Submarket
  • avg rent $1,193
  • rent growth 27.87%
  • vacancy 4.50%
  • median income $80,336
  • population (2018) 82,835
  • population growth 26.90%
  • vs. nat'l avg 33.24%
  • zip codes 85338 85395

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