Rent, population, and median household income are important factors to consider for a 1031 exchange in Imperial Beach due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Imperial Beach, California is a part of the National City/Chula Vista Submarket submarket area, and contains zip codes 91932 and 91933.
Imperial Beach Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Imperial Beach, CA submarket area was $1,622, which is 21.23% lower than 2014 average rent. This represents a compounded annual growth rate of 3.92%. 2019 vacancy in Imperial Beach, CA was 2.70%.
The total population of the city of Imperial Beach, CA has grown 4.27% since 2010. As of 2018, the population was 27,447. The median household income of the Imperial Beach was $51,838, which is 14.02% lower than the national average.
- submarket area National City / Chula Vista Submarket
- avg rent $1,622
- rent growth 21.23%
- vacancy 2.70%
- median income $51,838
- population (2018) 27,447
- population growth 4.27%
- vs. nat'l avg 14.02%
- zip codes 91932 91933