Rent, population, and median household income are important factors to consider for a 1031 exchange in Santa Rosa due to their correlations with market demand, and conversely, vacancy rate.
Surrounding metropolitan Area
Santa Rosa, California is a part of the Santa Rosa-Petaluma, CA metropolitan area, and contains 8 zip codes, including: 95409, 95406, 95401, 95407, 95405, and 95403.
Santa Rosa Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Santa Rosa, CA metropolitan area was $1,724, which is 20.73% higher than 2014 average rent. This represents a compounded annual growth rate of 3.84%. 2019 vacancy in Santa Rosa, CA was 3.80%.
The total population of the city of Santa Rosa, CA has grown 5.82% since 2010. As of 2018, the population was 177,586. The median household income of the Santa Rosa was $71,347, which is 18.33% higher than the national average.
- metropolitan area Santa Rosa-Petaluma, CA
- avg rent $1,724
- rent growth 20.73%
- vacancy 3.80%
- median income $71,347
- population (2018) 177,586
- population growth 5.82%
- vs. nat'l avg 18.33%
- zip codes 95401 95402 95403 95404 95405 95406 95407 95409