Rent, population, and median household income are important factors to consider for a 1031 exchange in Tiburon due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Tiburon, California is a part of the South Marin Submarket submarket area.
Tiburon Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Tiburon, 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 Tiburon, CA was 4.30%.
The total population of the city of Tiburon, CA has grown 1.71% since 2010. As of 2018, the population was 9,115. The median household income of the Tiburon was $163,865, which is 171.78% higher than the national average.
- submarket area South Marin Submarket
- avg rent $2,703
- rent growth 16.41%
- vacancy 4.30%
- median income $163,865
- population (2018) 9,115
- population growth 1.71%
- vs. nat'l avg 171.78%