1031 Exchange Alden, New York

New York Opportunity Zones

Surrounding submarket Area

Alden, New York is a part of the South Submarket submarket area, and contains zip code 14004.

Alden Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Alden, NY submarket area was $968, which is 25.71% higher than 2014 average rent. This represents a compounded annual growth rate of 4.68%. 2019 vacancy in Alden, NY was 3.30%.

The total population of the city of Alden, NY has decreased 8.43% since 2010. As of 2018, the population was 9,949. The median household income of the Alden was $73,133, which is 21.30% higher than the national average.

  • submarket area South Submarket
  • avg rent $968
  • rent growth 25.71%
  • vacancy 3.30%
  • median income $73,133
  • population (2018) 9,949
  • population growth -8.43%
  • vs. nat'l avg 21.30%
  • zip code 14004

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