Rent, population, and median household income are important factors to consider for a 1031 exchange in Yucaipa due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Yucaipa, California is a part of the Colton/Loma Linda Submarket submarket area, and contains zip code 92399.
Yucaipa Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Yucaipa, CA submarket area was $1,468, which is 26.66% higher than 2014 average rent. This represents a compounded annual growth rate of 4.84%. 2019 vacancy in Yucaipa, CA was 2.50%.
The total population of the city of Yucaipa, CA has grown 4.51% since 2010. As of 2018, the population was 53,682. The median household income of the Yucaipa was $62,657, which is 3.92% higher than the national average.
- submarket area Colton / Loma Linda Submarket
- avg rent $1,468
- rent growth 26.66%
- vacancy 2.50%
- median income $62,657
- population (2018) 53,682
- population growth 4.51%
- vs. nat'l avg 3.92%
- zip code 92399