Rent, population, and median household income are important factors to consider for a 1031 exchange in Fountain due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Fountain, Colorado is a part of the South Submarket submarket area, and contains zip code 80817.
Fountain Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Fountain, CO submarket area was $838, which is 27.55% higher than 2014 average rent. This represents a compounded annual growth rate of 4.99%. 2019 vacancy in Fountain, CO was 2.90%.
The total population of the city of Fountain, CO has grown 17.83% since 2010. As of 2018, the population was 30,454. The median household income of the Fountain was $64,891, which is 7.63% higher than the national average.
- submarket area South Submarket
- avg rent $838
- rent growth 27.55%
- vacancy 2.90%
- median income $64,891
- population (2018) 30,454
- population growth 17.83%
- vs. nat'l avg 7.63%
- zip code 80817