Rent, population, and median household income are important factors to consider for a 1031 exchange in Carver due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Carver, Massachusetts is a part of the South/SE Suburban Submarket submarket area, and contains zip code 2330.
Carver Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Carver, MA submarket area was $1,695, which is 24.18% higher than 2014 average rent. This represents a compounded annual growth rate of 4.43%. 2019 vacancy in Carver, MA was 4.40%.
The total population of the city of Carver, MA has grown 2.33% since 2010. As of 2018, the population was 11,777. The median household income of the Carver was $66,406, which is 10.14% higher than the national average.
- submarket area South / SE Suburban Submarket
- avg rent $1,695
- rent growth 24.18%
- vacancy 4.40%
- median income $66,406
- population (2018) 11,777
- population growth 2.33%
- vs. nat'l avg 10.14%
- zip code 2330