Rent, population, and median household income are important factors to consider for a 1031 exchange in Mount Kisco due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Mount Kisco, New York is a part of the Northern Westchester Submarket submarket area, and contains zip code 10549.
Mount Kisco Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Mount Kisco, NY submarket area was $1,858, which is 31.96% higher than 2014 average rent. This represents a compounded annual growth rate of 5.70%. 2019 vacancy in Mount Kisco, NY was 2.90%.
The total population of the city of Mount Kisco, NY has decreased 0.49% since 2010. As of 2018, the population was 10,824. The median household income of the Mount Kisco was $82,330, which is 36.55% higher than the national average.
- submarket area Northern Westchester Submarket
- avg rent $1,858
- rent growth 31.96%
- vacancy 2.90%
- median income $82,330
- population (2018) 10,824
- population growth -0.49%
- vs. nat'l avg 36.55%
- zip code 10549
