Rent, population, and median household income are important factors to consider for a 1031 exchange in Boulder due to their correlations with market demand, and conversely, vacancy rate.
Surrounding metropolitan Area
Boulder, Colorado is a part of the Boulder, CO metropolitan area, and contains 11 zip codes, including: 80304, 80306, 80309, 80301, 80302, and 80308.
Boulder Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Boulder, CO metropolitan area was $1,404, which is 26.15% higher than 2014 average rent. This represents a compounded annual growth rate of 4.75%. 2019 vacancy in Boulder, CO was 3.60%.
The total population of the city of Boulder, CO has grown 10.24% since 2010. As of 2018, the population was 107,353. The median household income of the Boulder was $66,117, which is 9.66% higher than the national average.
- metropolitan area Boulder, CO
- avg rent $1,404
- rent growth 26.15%
- vacancy 3.60%
- median income $66,117
- population (2018) 107,353
- population growth 10.24%
- vs. nat'l avg 9.66%
- zip codes 80301 80302 80303 80304 80305 80306 80307 80308 80309 80310 80314
