Rent, population, and median household income are important factors to consider for a 1031 exchange in Huntington Beach due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Huntington Beach, California is a part of the Huntington Beach Submarket submarket area, and contains 5 zip codes: 92649, 92615, 92648, 92646, and 92605.
Huntington Beach Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Huntington Beach, CA submarket area was $1,915, which is 22.44% higher than 2014 average rent. This represents a compounded annual growth rate of 4.13%. 2019 vacancy in Huntington Beach, CA was 3.90%.
The total population of the city of Huntington Beach, CA has grown 5.60% since 2010. As of 2018, the population was 200,641. The median household income of the Huntington Beach was $91,318, which is 51.46% higher than the national average.
- submarket area Huntington Beach Submarket
- avg rent $1,915
- rent growth 22.44%
- vacancy 3.90%
- median income $91,318
- population (2018) 200,641
- population growth 5.60%
- vs. nat'l avg 51.46%
- zip codes 92605 92615 92646 92648 92649