vi

1031 Exchange Louisville/Jefferson County, Kentucky

 

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

Surrounding metropolitan area Area

Louisville/Jefferson County, Kentucky is a part of the Louisville/Jefferson County, KY-IN metropolitan area area, and contains 73 zip codes, including: 40283, 40292, 40266, 40293, 40268, and 40259.

Louisville/Jefferson County Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Louisville/Jefferson County, KY metropolitan area area was $822, which is 17.26% lower than 2014 average rent. This represents a compounded annual growth rate of 3.24%. 2019 vacancy in Louisville/Jefferson County, KY was 6.50%.

The total population of the city of Louisville/Jefferson County, KY has grown 3.81% since 2010. As of 2018, the population was 620,118. The median household income of the Louisville/Jefferson County was $51,307, which is 14.90% lower than the national average.

  • metropolitan area area Louisville / Jefferson County, KY-IN
  • avg rent $822
  • rent growth 17.26%
  • vacancy 6.50%
  • median income $51,307
  • population (2018) 620,118
  • population growth 3.81%
  • vs. nat'l avg 14.90%
  • zip codes 40201 40202 40203 40204 40205 40206 40207 40208 40209 40210 40211 40212 40213 40214 40215 40216 40217 40218 40219 40220 40221 40222 40223 40224 40225 40228 40229 40231 40232 40233 40241 40242 40243 40245 40250 40251 40252 40253 40255 40256 40257 40258 40259 40261 40266 40268 40269 40270 40272 40280 40281 40282 40283 40285 40287 40289 40290 40291 40292 40293 40294 40295 40296 40297 40298 40299 40018 40023 40025 40027 40041 40059 40118

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities