1031 Exchange Brockport, New York

 

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

Surrounding submarket Area

Brockport, New York is a part of the West Monroe/West Counties Submarket submarket area, and contains zip code 14420.

Brockport Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Brockport, NY submarket area was $903, which is 15.03% lower than 2014 average rent. This represents a compounded annual growth rate of 2.84%. 2019 vacancy in Brockport, NY was 3.50%.

The total population of the city of Brockport, NY has decreased 1.34% since 2010. As of 2018, the population was 8,254. The median household income of the Brockport was $38,214, which is 36.62% lower than the national average.

  • submarket area West Monroe / West Counties Submarket
  • avg rent $903
  • rent growth 15.03%
  • vacancy 3.50%
  • median income $38,214
  • population (2018) 8,254
  • population growth -1.34%
  • vs. nat'l avg 36.62%
  • zip code 14420

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities