1031 Exchange Oxnard, California

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Oxnard due to their correlations with market demand, and conversely, vacancy rate.

Surrounding submarket Area

Oxnard, California is a part of the Oxnard Submarket submarket area, and contains 7 zip codes, including: 93031, 93034, 93035, 93032, 93033, and 93030.

Oxnard Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Oxnard, CA submarket area was $1,773, which is 26.37% higher than 2014 average rent. This represents a compounded annual growth rate of 4.79%. 2019 vacancy in Oxnard, CA was 2.50%.

The total population of the city of Oxnard, CA has grown 6.05% since 2010. As of 2018, the population was 209,877. The median household income of the Oxnard was $68,303, which is 13.29% higher than the national average.

  • submarket area Oxnard Submarket
  • avg rent $1,773
  • rent growth 26.37%
  • vacancy 2.50%
  • median income $68,303
  • population (2018) 209,877
  • population growth 6.05%
  • vs. nat'l avg 13.29%
  • zip codes 93030 93031 93032 93033 93034 93035 93036

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