1031 Exchange Whittier, California

 

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

Surrounding submarket Area

Whittier, California is a part of the Whittier Submarket submarket area, and contains 10 zip codes, including: 90604, 90607, 90606, 90609, 90608, and 90605.

Whittier Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Whittier, CA submarket area was $1,415, which is 17.23% higher than 2014 average rent. This represents a compounded annual growth rate of 3.23%. 2019 vacancy in Whittier, CA was 2.30%.

The total population of the city of Whittier, CA has decreased 0.31% since 2010. As of 2018, the population was 85,064. The median household income of the Whittier was $73,517, which is 21.93% higher than the national average.

  • submarket area Whittier Submarket
  • avg rent $1,415
  • rent growth 17.23%
  • vacancy 2.30%
  • median income $73,517
  • population (2018) 85,064
  • population growth -0.31%
  • vs. nat'l avg 21.93%
  • zip codes 90601 90602 90603 90604 90605 90606 90607 90608 90609 90610

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities