Rent, population, and median household income are important factors to consider for a 1031 exchange in Campton Hills due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Campton Hills, Illinois is a part of the Kane County Submarket submarket area.
Campton Hills Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Campton Hills, IL submarket area was $1,424, which is 25.68% higher than 2014 average rent. This represents a compounded annual growth rate of 4.68%. 2019 vacancy in Campton Hills, IL was 6.70%.
The total population of the city of Campton Hills, IL has grown 0.55% since 2010. As of 2018, the population was 11,192. The median household income of the Campton Hills was $139,500, which is 131.37% higher than the national average.
- submarket area Kane County Submarket
- avg rent $1,424
- rent growth 25.68%
- vacancy 6.70%
- median income $139,500
- population (2018) 11,192
- population growth 0.55%
- vs. nat'l avg 131.37%