1031 Exchange Swarthmore, Pennsylvania

 

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

Surrounding submarket Area

Swarthmore, Pennsylvania is a part of the East Delaware County Submarket submarket area, and contains zip code 19081.

Swarthmore Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Swarthmore, PA submarket area was $959, which is 12.03% higher than 2014 average rent. This represents a compounded annual growth rate of 2.30%. 2019 vacancy in Swarthmore, PA was 1.80%.

The total population of the city of Swarthmore, PA has grown 3.34% since 2010. As of 2018, the population was 6,401. The median household income of the Swarthmore was $109,648, which is 81.86% higher than the national average.

  • submarket area East Delaware County Submarket
  • avg rent $959
  • rent growth 12.03%
  • vacancy 1.80%
  • median income $109,648
  • population (2018) 6,401
  • population growth 3.34%
  • vs. nat'l avg 81.86%
  • zip code 19081

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities