1031 Exchange Aurora, New York

 

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

Surrounding submarket Area

Aurora, New York is a part of the South Submarket submarket area, and contains zip code 13026.

Aurora Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Aurora, 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 Aurora, NY was 3.30%.

The total population of the city of Aurora, NY has grown 0.04% since 2010. As of 2018, the population was 13,787. The median household income of the Aurora was $78,728, which is 30.58% higher than the national average.

  • submarket area South Submarket
  • avg rent $968
  • rent growth 25.71%
  • vacancy 3.30%
  • median income $78,728
  • population (2018) 13,787
  • population growth 0.04%
  • vs. nat'l avg 30.58%
  • zip code 13026

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities