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
