1031 Exchange Wentzville, Missouri

 

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

Surrounding submarket Area

Wentzville, Missouri is a part of the St. Charles County Submarket submarket area, and contains zip code 63385.

Wentzville Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Wentzville, MO submarket area was $1,047, which is 23.32% higher than 2014 average rent. This represents a compounded annual growth rate of 4.28%. 2019 vacancy in Wentzville, MO was 3.40%.

The total population of the city of Wentzville, MO has grown 41.60% since 2010. As of 2018, the population was 41,164. The median household income of the Wentzville was $86,551, which is 43.55% higher than the national average.

  • submarket area St. Charles County Submarket
  • avg rent $1,047
  • rent growth 23.32%
  • vacancy 3.40%
  • median income $86,551
  • population (2018) 41,164
  • population growth 41.60%
  • vs. nat'l avg 43.55%
  • zip code 63385

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