1031 Exchange North Aurora, Illinois

 

Surrounding submarket Area

North Aurora, Illinois is a part of the Kane County Submarket submarket area, and contains zip code 60542.

North Aurora Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the North Aurora, 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 North Aurora, IL was 6.70%.

The total population of the city of North Aurora, IL has grown 8.14% since 2010. As of 2018, the population was 18,124. The median household income of the North Aurora was $81,096, which is 34.50% higher than the national average.

  • submarket area Kane County Submarket
  • avg rent $1,424
  • rent growth 25.68%
  • vacancy 6.70%
  • median income $81,096
  • population (2018) 18,124
  • population growth 8.14%
  • vs. nat'l avg 34.50%
  • zip code 60542

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Source: www.zip-codes.com
Source: REIS Market Report
Source: United States Census Bureau

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