Rent, population, and median household income are important factors to consider for a 1031 exchange in La Habra due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
La Habra, California is a part of the Brea Submarket submarket area, and contains 3 zip codes: 90633, 90632, and 90631.
La Habra Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the La Habra, CA submarket area was $1,833, which is 24.86% higher than 2014 average rent. This represents a compounded annual growth rate of 4.54%. 2019 vacancy in La Habra, CA was 3.20%.
The total population of the city of La Habra, CA has grown 3.23% since 2010. As of 2018, the population was 62,183. The median household income of the La Habra was $76,452, which is 26.80% higher than the national average.
- submarket area Brea Submarket
- avg rent $1,833
- rent growth 24.86%
- vacancy 3.20%
- median income $76,452
- population (2018) 62,183
- population growth 3.23%
- vs. nat'l avg 26.80%
- zip codes 90631 90632 90633
