Rent, population, and median household income are important factors to consider for a 1031 exchange in Sausalito due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Sausalito, California is a part of the South Marin Submarket submarket area, and contains zip codes 94965 and 94966.
Sausalito Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Sausalito, CA submarket area was $2,703, which is 16.41% higher than 2014 average rent. This represents a compounded annual growth rate of 3.09%. 2019 vacancy in Sausalito, CA was 4.30%.
The total population of the city of Sausalito, CA has grown 0.55% since 2010. As of 2018, the population was 7,100. The median household income of the Sausalito was $112,964, which is 87.36% higher than the national average.
- submarket area South Marin Submarket
- avg rent $2,703
- rent growth 16.41%
- vacancy 4.30%
- median income $112,964
- population (2018) 7,100
- population growth 0.55%
- vs. nat'l avg 87.36%
- zip codes 94965 94966