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
