1031 Exchange Pleasanton, California

 

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

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