1031 Exchange West Seneca, New York

New York Opportunity Zones

Surrounding submarket Area

West Seneca, New York is a part of the South Submarket submarket area.

West Seneca Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the West Seneca, NY submarket area was $968, which is 25.71% higher than 2014 average rent. This represents a compounded annual growth rate of 4.68%. 2019 vacancy in West Seneca, NY was 3.30%.

The total population of the city of West Seneca, NY has grown 1.37% since 2010. As of 2018, the population was 45,325. The median household income of the West Seneca was $66,464, which is 10.24% higher than the national average.

  • submarket area South Submarket
  • avg rent $968
  • rent growth 25.71%
  • vacancy 3.30%
  • median income $66,464
  • population (2018) 45,325
  • population growth 1.37%
  • vs. nat'l avg 10.24%

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