Rent, population, and median household income are important factors to consider for a 1031 exchange in Holliston due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Holliston, Massachusetts is a part of the West/NW Suburban Submarket submarket area, and contains zip code 1746.
Holliston Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Holliston, MA submarket area was $2,214, which is 29.32% higher than 2014 average rent. This represents a compounded annual growth rate of 5.28%. 2019 vacancy in Holliston, MA was 5.30%.
The total population of the city of Holliston, MA has grown 10.28% since 2010. As of 2018, the population was 14,939. The median household income of the Holliston was $125,625, which is 108.36% higher than the national average.
- submarket area West / NW Suburban Submarket
- avg rent $2,214
- rent growth 29.32%
- vacancy 5.30%
- median income $125,625
- population (2018) 14,939
- population growth 10.28%
- vs. nat'l avg 108.36%
- zip code 1746
