Rent, population, and median household income are important factors to consider for a 1031 exchange in Antioch due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Antioch, California is a part of the East Contra Costa Submarket submarket area, and contains zip codes 94509 and 94531.
Antioch Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Antioch, CA submarket area was $1,916, which is 40.06% higher than 2014 average rent. This represents a compounded annual growth rate of 6.97%. 2019 vacancy in Antioch, CA was 3.50%.
The total population of the city of Antioch, CA has grown 8.95% since 2010. As of 2018, the population was 111,535. The median household income of the Antioch was $71,422, which is 18.46% higher than the national average.
- submarket area East Contra Costa Submarket
- avg rent $1,916
- rent growth 40.06%
- vacancy 3.50%
- median income $71,422
- population (2018) 111,535
- population growth 8.95%
- vs. nat'l avg 18.46%
- zip codes 94509 94531