vi

1031 Exchange Irondequoit, New York

 

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

Surrounding submarket Area

Irondequoit, New York is a part of the Irondequoit/Webster Submarket submarket area.

Irondequoit Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Irondequoit, NY submarket area was $984, which is 18.70% lower than 2014 average rent. This represents a compounded annual growth rate of 3.49%. 2019 vacancy in Irondequoit, NY was 5.00%.

The total population of the city of Irondequoit, NY has decreased 3.41% since 2010. As of 2018, the population was 49,927. The median household income of the Irondequoit was $59,640, which is 1.08% lower than the national average.

  • submarket area Irondequoit / Webster Submarket
  • avg rent $984
  • rent growth 18.70%
  • vacancy 5.00%
  • median income $59,640
  • population (2018) 49,927
  • population growth -3.41%
  • vs. nat'l avg 1.08%

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities