Rent, population, and median household income are important factors to consider for a 1031 exchange in Fountain Valley due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Fountain Valley, California is a part of the Westminster/Fountain Valley Submarket submarket area, and contains zip codes 92708 and 92728.
Fountain Valley Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Fountain Valley, CA submarket area was $1,631, which is 12.79% higher than 2014 average rent. This represents a compounded annual growth rate of 2.44%. 2019 vacancy in Fountain Valley, CA was 2.30%.
The total population of the city of Fountain Valley, CA has grown 0.91% since 2010. As of 2018, the population was 55,814. The median household income of the Fountain Valley was $85,423, which is 41.68% higher than the national average.
- submarket area Westminster / Fountain Valley Submarket
- avg rent $1,631
- rent growth 12.79%
- vacancy 2.30%
- median income $85,423
- population (2018) 55,814
- population growth 0.91%
- vs. nat'l avg 41.68%
- zip codes 92708 92728