1031 Exchange Escondido, California

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Escondido due to their correlations with market demand, and conversely, vacancy rate.

Surrounding submarket Area

Escondido, California is a part of the Escondido/San Marcos Submarket submarket area, and contains 7 zip codes, including: 92030, 92027, 92046, 92029, 92033, and 92025.

Escondido Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Escondido, CA submarket area was $1,575, which is 24.51% higher than 2014 average rent. This represents a compounded annual growth rate of 4.48%. 2019 vacancy in Escondido, CA was 1.90%.

The total population of the city of Escondido, CA has grown 5.77% since 2010. As of 2018, the population was 152,213. The median household income of the Escondido was $62,319, which is 3.36% higher than the national average.

  • submarket area Escondido / San Marcos Submarket
  • avg rent $1,575
  • rent growth 24.51%
  • vacancy 1.90%
  • median income $62,319
  • population (2018) 152,213
  • population growth 5.77%
  • vs. nat'l avg 3.36%
  • zip codes 92025 92026 92027 92029 92030 92033 92046

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