1031 Exchange Temple City, California

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Temple City due to their correlations with market demand, and conversely, vacancy rate.

Surrounding submarket Area

Temple City, California is a part of the Arcadia/Duarte/El Monte Submarket submarket area, and contains zip code 91780.

Temple City Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Temple City, CA submarket area was $1,634, which is 36.17% higher than 2014 average rent. This represents a compounded annual growth rate of 6.37%. 2019 vacancy in Temple City, CA was 4.40%.

The total population of the city of Temple City, CA has grown 1.58% since 2010. As of 2018, the population was 36,120. The median household income of the Temple City was $70,984, which is 17.73% higher than the national average.

  • submarket area Arcadia / Duarte / El Monte Submarket
  • avg rent $1,634
  • rent growth 36.17%
  • vacancy 4.40%
  • median income $70,984
  • population (2018) 36,120
  • population growth 1.58%
  • vs. nat'l avg 17.73%
  • zip code 91780

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