1031 Exchange Fountain, Colorado

 

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

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