vi

1031 Exchange Windsor, Michigan

 

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

Surrounding submarket Area

Windsor, Michigan is a part of the Downtown Submarket submarket area.

Windsor Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Windsor, MI submarket area was $1,268, which is 26.29% higher than 2014 average rent. This represents a compounded annual growth rate of 4.78%. 2019 vacancy in Windsor, MI was 4.40%.

The total population of the city of Windsor, MI has grown 2.28% since 2010. As of 2018, the population was 6,994. The median household income of the Windsor was $73,136, which is 21.30% higher than the national average.

  • submarket area Downtown Submarket
  • avg rent $1,268
  • rent growth 26.29%
  • vacancy 4.40%
  • median income $73,136
  • population (2018) 6,994
  • population growth 2.28%
  • vs. nat'l avg 21.30%

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities