1031 Exchange Plant City, Florida

 

Surrounding submarket Area

Plant City, Florida is a part of the Brandon/Plant City Submarket submarket area, and contains 5 zip codes: 33567, 33563, 33566, 33564, and 33565.

Plant City Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Plant City, FL submarket area was $1,278, which is 22.88% lower than 2014 average rent. This represents a compounded annual growth rate of 4.21%. 2019 vacancy in Plant City, FL was 4.10%.

The total population of the city of Plant City, FL has grown 12.77% since 2010. As of 2018, the population was 39,156. The median household income of the Plant City was $51,427, which is 14.70% lower than the national average.

  • submarket area Brandon / Plant City Submarket
  • avg rent $1,278
  • rent growth 22.88%
  • vacancy 4.10%
  • median income $51,427
  • population (2018) 39,156
  • population growth 12.77%
  • vs. nat'l avg 14.70%
  • zip codes 33563 33564 33565 33566 33567

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