1031 Exchange Sanford, Florida

 

Surrounding submarket Area

Sanford, Florida is a part of the Far North Submarket submarket area, and contains 3 zip codes: 32772, 32773, and 32771.

Sanford Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Sanford, FL submarket area was $1,365, which is 33.30% lower than 2014 average rent. This represents a compounded annual growth rate of 5.92%. 2019 vacancy in Sanford, FL was 5.00%.

The total population of the city of Sanford, FL has grown 12.07% since 2010. As of 2018, the population was 60,035. The median household income of the Sanford was $45,733, which is 24.15% lower than the national average.

  • submarket area Far North Submarket
  • avg rent $1,365
  • rent growth 33.30%
  • vacancy 5.00%
  • median income $45,733
  • population (2018) 60,035
  • population growth 12.07%
  • vs. nat'l avg 24.15%
  • zip codes 32771 32772 32773

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