Rent, population, and median household income are important factors to consider for a 1031 exchange in Solana Beach due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Solana Beach, California is a part of the North Beaches Submarket submarket area, and contains zip code 92075.
Solana Beach Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Solana Beach, CA submarket area was $1,988, which is 17.91% higher than 2014 average rent. This represents a compounded annual growth rate of 3.35%. 2019 vacancy in Solana Beach, CA was 2.80%.
The total population of the city of Solana Beach, CA has grown 3.98% since 2010. As of 2018, the population was 13,379. The median household income of the Solana Beach was $105,821, which is 75.51% higher than the national average.
- submarket area North Beaches Submarket
- avg rent $1,988
- rent growth 17.91%
- vacancy 2.80%
- median income $105,821
- population (2018) 13,379
- population growth 3.98%
- vs. nat'l avg 75.51%
- zip code 92075