vi

1031 Exchange Walworth, New York

 

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

Surrounding submarket Area

Walworth, New York is a part of the Southeast Monroe/East Counties Submarket submarket area, and contains zip code 14568.

Walworth Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Walworth, NY submarket area was $1,192, which is 20.89% higher than 2014 average rent. This represents a compounded annual growth rate of 3.87%. 2019 vacancy in Walworth, NY was 4.60%.

The total population of the city of Walworth, NY has decreased 2.78% since 2010. As of 2018, the population was 9,186. The median household income of the Walworth was $84,214, which is 39.67% higher than the national average.

  • submarket area Southeast Monroe / East Counties Submarket
  • avg rent $1,192
  • rent growth 20.89%
  • vacancy 4.60%
  • median income $84,214
  • population (2018) 9,186
  • population growth -2.78%
  • vs. nat'l avg 39.67%
  • zip code 14568

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities