1031 Exchange Fishers, Indiana

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Fishers due to their correlations with market demand, and conversely, vacancy rate.

Surrounding submarket Area

Fishers, Indiana is a part of the Hamilton County Submarket submarket area, and contains 3 zip codes: 46037, 46085, and 46038.

Fishers Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Fishers, IN submarket area was $1,179, which is 22.43% higher than 2014 average rent. This represents a compounded annual growth rate of 4.13%. 2019 vacancy in Fishers, IN was 6.80%.

The total population of the city of Fishers, IN has grown 21.57% since 2010. As of 2018, the population was 93,362. The median household income of the Fishers was $105,042, which is 74.22% higher than the national average.

  • submarket area Hamilton County Submarket
  • avg rent $1,179
  • rent growth 22.43%
  • vacancy 6.80%
  • median income $105,042
  • population (2018) 93,362
  • population growth 21.57%
  • vs. nat'l avg 74.22%
  • zip codes 46037 46038 46085

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