Rent, population, and median household income are important factors to consider for a 1031 exchange in Douglas County due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Douglas County, Colorado is a part of the Douglas County Submarket submarket area, and contains 15 zip codes, including: 80109, 80129, 80138, 80131, 80108, and 80116.
Douglas County Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Douglas County, CO submarket area was $1,553, which is 19.28% higher than 2014 average rent. This represents a compounded annual growth rate of 3.59%. 2019 vacancy in Douglas County, CO was 8.30%.
The total population of the city of Douglas County, CO has grown 20.08% since 2010. As of 2018, the population was 342,776. The median household income of the Douglas County was $115,314, which is 91.26% higher than the national average.
- submarket area Douglas County Submarket
- avg rent $1,553
- rent growth 19.28%
- vacancy 8.30%
- median income $115,314
- population (2018) 342,776
- population growth 20.08%
- vs. nat'l avg 91.26%
- zip codes 80104 80108 80109 80116 80118 80124 80125 80126 80129 80130 80131 80134 80135 80138 80163
