Rent, population, and median household income are important factors to consider for a 1031 exchange in Campbell due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Campbell, California is a part of the Campbell/Los Gatos Submarket submarket area, and contains 3 zip codes: 95011, 95008, and 95009.
Campbell Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Campbell, CA submarket area was $2,576, which is 31.29% higher than 2014 average rent. This represents a compounded annual growth rate of 5.60%. 2019 vacancy in Campbell, CA was 3.40%.
The total population of the city of Campbell, CA has grown 7.92% since 2010. As of 2018, the population was 42,466. The median household income of the Campbell was $119,366, which is 97.98% higher than the national average.
- submarket area Campbell / Los Gatos Submarket
- avg rent $2,576
- rent growth 31.29%
- vacancy 3.40%
- median income $119,366
- population (2018) 42,466
- population growth 7.92%
- vs. nat'l avg 97.98%
- zip codes 95008 95009 95011