1031 Exchange Hillsborough, California

 

Surrounding submarket Area

Hillsborough, California is a part of the Central San Mateo Submarket submarket area.

Hillsborough Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Hillsborough, CA submarket area was $3,311, which is 28.68% higher than 2014 average rent. This represents a compounded annual growth rate of 5.17%. 2019 vacancy in Hillsborough, CA was 4.10%.

The total population of the city of Hillsborough, CA has grown 5.72% since 2010. As of 2018, the population was 11,444. The median household income of the Hillsborough was $250,000, which is 314.64% higher than the national average.

  • submarket area Central San Mateo Submarket
  • avg rent $3,311
  • rent growth 28.68%
  • vacancy 4.10%
  • median income $250,000
  • population (2018) 11,444
  • population growth 5.72%
  • vs. nat'l avg 314.64%

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Source: www.zip-codes.com
Source: REIS Market Report
Source: United States Census Bureau

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