Rent, population, and median household income are important factors to consider for a 1031 exchange in Duquesne due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Duquesne, Pennsylvania is a part of the Whitehall/Baldwin/West Mifflin Submarket submarket area, and contains zip code 15110.
Duquesne Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Duquesne, PA submarket area was $872, which is 24.39% lower than 2014 average rent. This represents a compounded annual growth rate of 4.46%. 2019 vacancy in Duquesne, PA was 4.90%.
The total population of the city of Duquesne, PA has decreased 0.31% since 2010. As of 2018, the population was 5,548. The median household income of the Duquesne was $26,532, which is 55.99% lower than the national average.
- submarket area Whitehall / Baldwin / West Mifflin Submarket
- avg rent $872
- rent growth 24.39%
- vacancy 4.90%
- median income $26,532
- population (2018) 5,548
- population growth -0.31%
- vs. nat'l avg 55.99%
- zip code 15110