Rent, population, and median household income are important factors to consider for a 1031 exchange in Yorba Linda due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Yorba Linda, California is a part of the Northeast Anaheim Submarket submarket area, and contains 3 zip codes: 92885, 92886, and 92887.
Yorba Linda Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Yorba Linda, CA submarket area was $1,637, which is 19.58% higher than 2014 average rent. This represents a compounded annual growth rate of 3.64%. 2019 vacancy in Yorba Linda, CA was 2.30%.
The total population of the city of Yorba Linda, CA has grown 5.53% since 2010. As of 2018, the population was 67,787. The median household income of the Yorba Linda was $129,391, which is 114.60% higher than the national average.
- submarket area Northeast Anaheim Submarket
- avg rent $1,637
- rent growth 19.58%
- vacancy 2.30%
- median income $129,391
- population (2018) 67,787
- population growth 5.53%
- vs. nat'l avg 114.60%
- zip codes 92885 92886 92887
