Rent, population, and median household income are important factors to consider for a 1031 exchange in Rosemead due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Rosemead, California is a part of the E LA/Alhambra/Montebello/Pico Rivera Submarket submarket area, and contains 3 zip codes: 91770, 91772, and 91771.
Rosemead Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Rosemead, CA submarket area was $1,579, which is 33.36% lower than 2014 average rent. This represents a compounded annual growth rate of 5.93%. 2019 vacancy in Rosemead, CA was 2.80%.
The total population of the city of Rosemead, CA has grown 1.21% since 2010. As of 2018, the population was 54,412. The median household income of the Rosemead was $52,057, which is 13.66% lower than the national average.
- submarket area E LA / Alhambra / Montebello / Pico Rivera Submarket
- avg rent $1,579
- rent growth 33.36%
- vacancy 2.80%
- median income $52,057
- population (2018) 54,412
- population growth 1.21%
- vs. nat'l avg 13.66%
- zip codes 91770 91771 91772