Rent, population, and median household income are important factors to consider for a 1031 exchange in Oxford due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Oxford, Pennsylvania is a part of the West Chester Submarket submarket area, and contains zip code 19363.
Oxford Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Oxford, PA submarket area was $1,351, which is 21.38% lower than 2014 average rent. This represents a compounded annual growth rate of 3.95%. 2019 vacancy in Oxford, PA was 1.90%.
The total population of the city of Oxford, PA has grown 9.75% since 2010. As of 2018, the population was 5,572. The median household income of the Oxford was $56,450, which is 6.37% lower than the national average.
- submarket area West Chester Submarket
- avg rent $1,351
- rent growth 21.38%
- vacancy 1.90%
- median income $56,450
- population (2018) 5,572
- population growth 9.75%
- vs. nat'l avg 6.37%
- zip code 19363
