Rent, population, and median household income are important factors to consider for a 1031 exchange in Rocklin due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Rocklin, California is a part of the Roseville Submarket submarket area, and contains zip codes 95677 and 95765.
Rocklin Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Rocklin, CA submarket area was $1,531, which is 26.63% higher than 2014 average rent. This represents a compounded annual growth rate of 4.84%. 2019 vacancy in Rocklin, CA was 4.20%.
The total population of the city of Rocklin, CA has grown 17.99% since 2010. As of 2018, the population was 67,221. The median household income of the Rocklin was $97,508, which is 61.72% higher than the national average.
- submarket area Roseville Submarket
- avg rent $1,531
- rent growth 26.63%
- vacancy 4.20%
- median income $97,508
- population (2018) 67,221
- population growth 17.99%
- vs. nat'l avg 61.72%
- zip codes 95677 95765
