Rent, population, and median household income are important factors to consider for a 1031 exchange in Sierra Vista-Douglas due to their correlations with market demand, and conversely, vacancy rate.
Surrounding metropolitan Area
Sierra Vista-Douglas, Arizona is a part of the Sierra Vista-Douglas, AZ metropolitan area, and contains 7 zip codes, including: 85607, 85635, 85608, 85636, 85650, and 85655.
Sierra Vista-Douglas Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Sierra Vista-Douglas, AZ metropolitan area was $730, which is 9.28% higher than 2014 average rent. This represents a compounded annual growth rate of 1.79%. 2019 vacancy in Sierra Vista-Douglas, AZ was 6.30%.
The total population of the city of Sierra Vista-Douglas, AZ has grown 1.21% since 2010. As of 2018, the population was 44,420. The median household income of the Sierra Vista-Douglas was $60,410, which is 0.19% higher than the national average.
- metropolitan area Sierra Vista-Douglas, AZ
- avg rent $730
- rent growth 9.28%
- vacancy 6.30%
- median income $60,410
- population (2018) 44,420
- population growth 1.21%
- vs. nat'l avg 0.19%
- zip codes 85635 85636 85650 85671 85607 85608 85655