1031 Exchange Chester, Pennsylvania

 

Surrounding submarket Area

Chester, Pennsylvania is a part of the West Delaware Submarket submarket area, and contains zip codes 19013 and 19016.

Chester Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Chester, PA submarket area was $1,219, which is 24.26% lower than 2014 average rent. This represents a compounded annual growth rate of 4.44%. 2019 vacancy in Chester, PA was 3.70%.

The total population of the city of Chester, PA has decreased 0.19% since 2010. As of 2018, the population was 33,909. The median household income of the Chester was $30,949, which is 48.67% lower than the national average.

  • submarket area West Delaware Submarket
  • avg rent $1,219
  • rent growth 24.26%
  • vacancy 3.70%
  • median income $30,949
  • population (2018) 33,909
  • population growth -0.19%
  • vs. nat'l avg 48.67%
  • zip codes 19013 19016

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand