Rent, population, and median household income are important factors to consider for a 1031 exchange in Wildwood due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Wildwood, Missouri is a part of the Manchester/West County Submarket submarket area, and contains zip codes 63038 and 63040.
Wildwood Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Wildwood, MO submarket area was $1,124, which is 22.04% higher than 2014 average rent. This represents a compounded annual growth rate of 4.06%. 2019 vacancy in Wildwood, MO was 6.50%.
The total population of the city of Wildwood, MO has grown 0.00% since 2010. As of 2018, the population was 35,517. The median household income of the Wildwood was $132,221, which is 119.30% higher than the national average.
- submarket area Manchester / West County Submarket
- avg rent $1,124
- rent growth 22.04%
- vacancy 6.50%
- median income $132,221
- population (2018) 35,517
- population growth 0.00%
- vs. nat'l avg 119.30%
- zip codes 63038 63040