Rent, population, and median household income are important factors to consider for a 1031 exchange in Tuckahoe due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Tuckahoe, New York is a part of the Southern Westchester Submarket submarket area, and contains zip code 10707.
Tuckahoe Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Tuckahoe, NY submarket area was $2,155, which is 19.13% higher than 2014 average rent. This represents a compounded annual growth rate of 3.56%. 2019 vacancy in Tuckahoe, NY was 4.50%.
The total population of the city of Tuckahoe, NY has grown 1.37% since 2010. As of 2018, the population was 6,575. The median household income of the Tuckahoe was $78,278, which is 29.83% higher than the national average.
- submarket area Southern Westchester Submarket
- avg rent $2,155
- rent growth 19.13%
- vacancy 4.50%
- median income $78,278
- population (2018) 6,575
- population growth 1.37%
- vs. nat'l avg 29.83%
- zip code 10707
