1031 Exchange Greeley, Colorado

 

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

Surrounding metropolitan Area

Greeley, Colorado is a part of the Greeley, CO metropolitan area, and contains 6 zip codes: 80634, 80631, 80638, 80632, 80633, and 80639.

Greeley Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Greeley, CO metropolitan area was $1,044, which is 27.94% lower than 2014 average rent. This represents a compounded annual growth rate of 5.05%. 2019 vacancy in Greeley, CO was 3.60%.

The total population of the city of Greeley, CO has grown 15.57% since 2010. As of 2018, the population was 107,348. The median household income of the Greeley was $55,007, which is 8.77% lower than the national average.

  • metropolitan area Greeley, CO
  • avg rent $1,044
  • rent growth 27.94%
  • vacancy 3.60%
  • median income $55,007
  • population (2018) 107,348
  • population growth 15.57%
  • vs. nat'l avg 8.77%
  • zip codes 80631 80632 80633 80634 80638 80639

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