1031 Exchange Westminster, California

 

Surrounding submarket Area

Westminster, California is a part of the Westminster/Fountain Valley Submarket submarket area, and contains 3 zip codes: 92685, 92684, and 92683.

Westminster Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Westminster, CA submarket area was $1,631, which is 12.79% higher than 2014 average rent. This represents a compounded annual growth rate of 2.44%. 2019 vacancy in Westminster, CA was 2.30%.

The total population of the city of Westminster, CA has grown 1.38% since 2010. As of 2018, the population was 90,938. The median household income of the Westminster was $61,834, which is 2.56% higher than the national average.

  • submarket area Westminster / Fountain Valley Submarket
  • avg rent $1,631
  • rent growth 12.79%
  • vacancy 2.30%
  • median income $61,834
  • population (2018) 90,938
  • population growth 1.38%
  • vs. nat'l avg 2.56%
  • zip codes 92683 92684 92685

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