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1031 Exchange Slidell, Louisiana

 

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

Surrounding submarket Area

Slidell, Louisiana is a part of the St. Tammany Submarket submarket area, and contains 5 zip codes: 70469, 70458, 70460, 70459, and 70461.

Slidell Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Slidell, LA submarket area was $1,104, which is 5.95% lower than 2014 average rent. This represents a compounded annual growth rate of 1.16%. 2019 vacancy in Slidell, LA was 5.00%.

The total population of the city of Slidell, LA has grown 2.38% since 2010. As of 2018, the population was 27,711. The median household income of the Slidell was $54,733, which is 9.22% lower than the national average.

  • submarket area St. Tammany Submarket
  • avg rent $1,104
  • rent growth 5.95%
  • vacancy 5.00%
  • median income $54,733
  • population (2018) 27,711
  • population growth 2.38%
  • vs. nat'l avg 9.22%
  • zip codes 70458 70459 70460 70461 70469

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