1031 Exchange Greenwood, Indiana

Indiana Opportunity Zones

Surrounding submarket Area

Greenwood, Indiana is a part of the Johnson County Submarket submarket area, and contains zip codes 46142 and 46143.

Greenwood Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Greenwood, IN submarket area was $806, which is 14.81% higher than 2014 average rent. This represents a compounded annual growth rate of 2.80%. 2019 vacancy in Greenwood, IN was 2.00%.

The total population of the city of Greenwood, IN has grown 18.05% since 2010. As of 2018, the population was 58,778. The median household income of the Greenwood was $62,025, which is 2.87% higher than the national average.

  • submarket area Johnson County Submarket
  • avg rent $806
  • rent growth 14.81%
  • vacancy 2.00%
  • median income $62,025
  • population (2018) 58,778
  • population growth 18.05%
  • vs. nat'l avg 2.87%
  • zip codes 46142 46143

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