1031 Exchange Westminster, Colorado

 

Surrounding submarket Area

Westminster, Colorado is a part of the Westminster Submarket submarket area, and contains 4 zip codes: 80035, 80030, 80031, and 80036.

Westminster Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Westminster, CO submarket area was $1,341, which is 36.70% higher than 2014 average rent. This represents a compounded annual growth rate of 6.45%. 2019 vacancy in Westminster, CO was 3.70%.

The total population of the city of Westminster, CO has grown 6.94% since 2010. As of 2018, the population was 113,479. The median household income of the Westminster was $73,629, which is 22.12% higher than the national average.

  • submarket area Westminster Submarket
  • avg rent $1,341
  • rent growth 36.70%
  • vacancy 3.70%
  • median income $73,629
  • population (2018) 113,479
  • population growth 6.94%
  • vs. nat'l avg 22.12%
  • zip codes 80030 80031 80035 80036

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