Rent, population, and median household income are important factors to consider for a 1031 exchange in Stockton due to their correlations with market demand, and conversely, vacancy rate.
Surrounding metropolitan Area
Stockton, California is a part of the Stockton, CA metropolitan area, and contains 20 zip codes, including: 95204, 95202, 95212, 95214, 95219, and 95208.
Stockton Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Stockton, CA metropolitan area was $1,257, which is 31.49% lower than 2014 average rent. This represents a compounded annual growth rate of 5.63%. 2019 vacancy in Stockton, CA was 2.70%.
The total population of the city of Stockton, CA has grown 6.67% since 2010. As of 2018, the population was 311,178. The median household income of the Stockton was $51,318, which is 14.89% lower than the national average.
- metropolitan area Stockton, CA
- avg rent $1,257
- rent growth 31.49%
- vacancy 2.70%
- median income $51,318
- population (2018) 311,178
- population growth 6.67%
- vs. nat'l avg 14.89%
- zip codes 95201 95202 95203 95204 95205 95206 95207 95208 95209 95210 95211 95212 95213 95214 95215 95219 95267 95269 95296 95297
