Rent, population, and median household income are important factors to consider for a 1031 exchange in Dana Point due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Dana Point, California is a part of the Laguna Beach/Dana Point Submarket submarket area, and contains zip code 92629.
Dana Point Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Dana Point, CA submarket area was $2,180, which is 19.32% higher than 2014 average rent. This represents a compounded annual growth rate of 3.60%. 2019 vacancy in Dana Point, CA was 3.00%.
The total population of the city of Dana Point, CA has grown 1.14% since 2010. As of 2018, the population was 33,730. The median household income of the Dana Point was $97,519, which is 61.74% higher than the national average.
- submarket area Laguna Beach / Dana Point Submarket
- avg rent $2,180
- rent growth 19.32%
- vacancy 3.00%
- median income $97,519
- population (2018) 33,730
- population growth 1.14%
- vs. nat'l avg 61.74%
- zip code 92629