1031 Exchange Sausalito, California

 

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

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