Rent, population, and median household income are important factors to consider for a 1031 exchange in Fullerton due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Fullerton, California is a part of the Fullerton Submarket submarket area, and contains 8 zip codes, including: 92836, 92837, 92833, 92831, 92834, and 92838.
Fullerton Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Fullerton, CA submarket area was $1,769, which is 23.36% higher than 2014 average rent. This represents a compounded annual growth rate of 4.29%. 2019 vacancy in Fullerton, CA was 4.10%.
The total population of the city of Fullerton, CA has grown 3.31% since 2010. As of 2018, the population was 139,640. The median household income of the Fullerton was $73,360, which is 21.67% higher than the national average.
- submarket area Fullerton Submarket
- avg rent $1,769
- rent growth 23.36%
- vacancy 4.10%
- median income $73,360
- population (2018) 139,640
- population growth 3.31%
- vs. nat'l avg 21.67%
- zip codes 92831 92832 92833 92834 92835 92836 92837 92838
