Rent, population, and median household income are important factors to consider for a 1031 exchange in Pleasanton due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Pleasanton, California is a part of the East Alameda Submarket submarket area, and contains zip codes 94566 and 94588.
Pleasanton Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Pleasanton, CA submarket area was $2,506, which is 22.66% higher than 2014 average rent. This represents a compounded annual growth rate of 4.17%. 2019 vacancy in Pleasanton, CA was 5.50%.
The total population of the city of Pleasanton, CA has grown 17.20% since 2010. As of 2018, the population was 82,372. The median household income of the Pleasanton was $148,852, which is 146.88% higher than the national average.
- submarket area East Alameda Submarket
- avg rent $2,506
- rent growth 22.66%
- vacancy 5.50%
- median income $148,852
- population (2018) 82,372
- population growth 17.20%
- vs. nat'l avg 146.88%
- zip codes 94566 94588