1031 Exchange Brownsburg, Indiana

 

Surrounding submarket Area

Brownsburg, Indiana is a part of the Boone/Hendricks Submarket submarket area, and contains zip code 46112.

Brownsburg Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Brownsburg, IN submarket area was $1,045, which is 23.23% higher than 2014 average rent. This represents a compounded annual growth rate of 4.27%. 2019 vacancy in Brownsburg, IN was 5.90%.

The total population of the city of Brownsburg, IN has grown 24.02% since 2010. As of 2018, the population was 26,397. The median household income of the Brownsburg was $70,354, which is 16.69% higher than the national average.

  • submarket area Boone / Hendricks Submarket
  • avg rent $1,045
  • rent growth 23.23%
  • vacancy 5.90%
  • median income $70,354
  • population (2018) 26,397
  • population growth 24.02%
  • vs. nat'l avg 16.69%
  • zip code 46112

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