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1031 Exchange Shreveport, Louisiana

 

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

Surrounding metropolitan Area

Shreveport, Louisiana is a part of the Shreveport-Bossier City, LA metropolitan area, and contains 35 zip codes, including: 71102, 71137, 71133, 71129, 71120, and 71161.

Shreveport Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Shreveport, LA metropolitan area was $810, which is 6.30% lower than 2014 average rent. This represents a compounded annual growth rate of 1.23%. 2019 vacancy in Shreveport, LA was 3.80%.

The total population of the city of Shreveport, LA has decreased 5.18% since 2010. As of 2018, the population was 188,987. The median household income of the Shreveport was $38,279, which is 36.51% lower than the national average.

  • metropolitan area Shreveport-Bossier City, LA
  • avg rent $810
  • rent growth 6.30%
  • vacancy 3.80%
  • median income $38,279
  • population (2018) 188,987
  • population growth -5.18%
  • vs. nat'l avg 36.51%
  • zip codes 71101 71102 71103 71104 71105 71106 71107 71108 71109 71115 71118 71119 71120 71129 71130 71133 71134 71135 71136 71137 71138 71148 71149 71150 71151 71152 71153 71154 71156 71161 71162 71163 71164 71165 71166

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