1031 Exchange Arvada, Colorado

 

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

Surrounding submarket Area

Arvada, Colorado is a part of the Arvada/Broomfield Submarket submarket area, and contains 7 zip codes, including: 80001, 80005, 80003, 80004, 80002, and 80006.

Arvada Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Arvada, CO submarket area was $1,473, which is 36.26% higher than 2014 average rent. This represents a compounded annual growth rate of 6.38%. 2019 vacancy in Arvada, CO was 5.90%.

The total population of the city of Arvada, CO has grown 13.21% since 2010. As of 2018, the population was 120,492. The median household income of the Arvada was $80,555, which is 33.61% higher than the national average.

  • submarket area Arvada / Broomfield Submarket
  • avg rent $1,473
  • rent growth 36.26%
  • vacancy 5.90%
  • median income $80,555
  • population (2018) 120,492
  • population growth 13.21%
  • vs. nat'l avg 33.61%
  • zip codes 80001 80002 80003 80004 80005 80006 80007

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities