1031 Exchange Thousand Oaks, California

 

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

Surrounding submarket Area

Thousand Oaks, California is a part of the Thousand Oaks Submarket submarket area, and contains 3 zip codes: 91358, 91362, and 91360.

Thousand Oaks Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Thousand Oaks, CA submarket area was $1,926, which is 16.16% higher than 2014 average rent. This represents a compounded annual growth rate of 3.04%. 2019 vacancy in Thousand Oaks, CA was 3.10%.

The total population of the city of Thousand Oaks, CA has grown 0.79% since 2010. As of 2018, the population was 127,690. The median household income of the Thousand Oaks was $105,485, which is 74.95% higher than the national average.

  • submarket area Thousand Oaks Submarket
  • avg rent $1,926
  • rent growth 16.16%
  • vacancy 3.10%
  • median income $105,485
  • population (2018) 127,690
  • population growth 0.79%
  • vs. nat'l avg 74.95%
  • zip codes 91358 91360 91362

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