Rent, population, and median household income are important factors to consider for a 1031 exchange in Findlay due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Findlay, Pennsylvania is a part of the West Submarket submarket area.
Findlay Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Findlay, PA submarket area was $1,193, which is 18.94% higher than 2014 average rent. This represents a compounded annual growth rate of 3.53%. 2019 vacancy in Findlay, PA was 4.50%.
The total population of the city of Findlay, PA has grown 16.03% since 2010. As of 2018, the population was 5,871. The median household income of the Findlay was $78,354, which is 29.96% higher than the national average.
- submarket area West Submarket
- avg rent $1,193
- rent growth 18.94%
- vacancy 4.50%
- median income $78,354
- population (2018) 5,871
- population growth 16.03%
- vs. nat'l avg 29.96%