vi

1031 Exchange Walnut Creek, California

 

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

Surrounding submarket Area

Walnut Creek, California is a part of the San Ramon/Walnut Creek Submarket submarket area, and contains 4 zip codes: 94596, 94597, 94595, and 94598.

Walnut Creek Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Walnut Creek, CA submarket area was $2,590, which is 32.96% higher than 2014 average rent. This represents a compounded annual growth rate of 5.86%. 2019 vacancy in Walnut Creek, CA was 3.10%.

The total population of the city of Walnut Creek, CA has grown 8.81% since 2010. As of 2018, the population was 69,825. The median household income of the Walnut Creek was $96,851, which is 60.63% higher than the national average.

  • submarket area San Ramon / Walnut Creek Submarket
  • avg rent $2,590
  • rent growth 32.96%
  • vacancy 3.10%
  • median income $96,851
  • population (2018) 69,825
  • population growth 8.81%
  • vs. nat'l avg 60.63%
  • zip codes 94595 94596 94597 94598

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities