Rent, population, and median household income are important factors to consider for a 1031 exchange in Visalia due to their correlations with market demand, and conversely, vacancy rate.
Surrounding metropolitan Area
Visalia, California is a part of the Visalia, CA metropolitan area, and contains 6 zip codes: 93291, 93290, 93277, 93279, 93292, and 93278.
Visalia Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Visalia, CA metropolitan area was $972, which is 21.96% higher than 2014 average rent. This represents a compounded annual growth rate of 4.05%. 2019 vacancy in Visalia, CA was 4.20%.
The total population of the city of Visalia, CA has grown 7.52% since 2010. As of 2018, the population was 133,800. The median household income of the Visalia was $58,820, which is 2.44% higher than the national average.
- metropolitan area Visalia, CA
- avg rent $972
- rent growth 21.96%
- vacancy 4.20%
- median income $58,820
- population (2018) 133,800
- population growth 7.52%
- vs. nat'l avg 2.44%
- zip codes 93277 93278 93279 93290 93291 93292
