Rent, population, and median household income are important factors to consider for a 1031 exchange in Dublin due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Dublin, Ohio is a part of the Dublin/Powell Submarket submarket area, and contains zip codes 43016 and 43017.
Dublin Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Dublin, OH submarket area was $1,088, which is 25.06% higher than 2014 average rent. This represents a compounded annual growth rate of 4.57%. 2019 vacancy in Dublin, OH was 4.00%.
The total population of the city of Dublin, OH has grown 16.52% since 2010. As of 2018, the population was 48,647. The median household income of the Dublin was $135,514, which is 124.76% higher than the national average.
- submarket area Dublin / Powell Submarket
- avg rent $1,088
- rent growth 25.06%
- vacancy 4.00%
- median income $135,514
- population (2018) 48,647
- population growth 16.52%
- vs. nat'l avg 124.76%
- zip codes 43016 43017