1031 Exchange Pasadena, California

California Opportunity Zones

Surrounding submarket Area

Pasadena, California is a part of the Pasadena Submarket submarket area, and contains 25 zip codes, including: 91116, 91101, 91184, 91105, 91115, and 91129.

Pasadena Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Pasadena, CA submarket area was $2,106, which is 24.54% higher than 2014 average rent. This represents a compounded annual growth rate of 4.49%. 2019 vacancy in Pasadena, CA was 5.40%.

The total population of the city of Pasadena, CA has grown 3.10% since 2010. As of 2018, the population was 141,371. The median household income of the Pasadena was $78,941, which is 30.93% higher than the national average.

  • submarket area Pasadena Submarket
  • avg rent $2,106
  • rent growth 24.54%
  • vacancy 5.40%
  • median income $78,941
  • population (2018) 141,371
  • population growth 3.10%
  • vs. nat'l avg 30.93%
  • zip codes 91101 91102 91103 91104 91105 91106 91107 91109 91110 91114 91115 91116 91117 91121 91123 91124 91125 91126 91129 91182 91184 91185 91188 91189 91199

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