vi

1031 Exchange East Nottingham, Pennsylvania

 

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

Surrounding submarket Area

East Nottingham, Pennsylvania is a part of the West Chester Submarket submarket area.

East Nottingham Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the East Nottingham, PA submarket area was $1,351, which is 21.38% higher than 2014 average rent. This represents a compounded annual growth rate of 3.95%. 2019 vacancy in East Nottingham, PA was 1.90%.

The total population of the city of East Nottingham, PA has grown 4.76% since 2010. As of 2018, the population was 9,062. The median household income of the East Nottingham was $103,641, which is 71.90% higher than the national average.

  • submarket area West Chester Submarket
  • avg rent $1,351
  • rent growth 21.38%
  • vacancy 1.90%
  • median income $103,641
  • population (2018) 9,062
  • population growth 4.76%
  • vs. nat'l avg 71.90%

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities