1031 Exchange Upper Providence, Pennsylvania

Pennsylvania Opportunity Zones

Surrounding submarket Area

Upper Providence, Pennsylvania is a part of the NE Chester/Upper Montgomery County Submarket submarket area.

Upper Providence Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Upper Providence, PA submarket area was $1,325, which is 20.67% higher than 2014 average rent. This represents a compounded annual growth rate of 3.83%. 2019 vacancy in Upper Providence, PA was 4.00%.

The total population of the city of Upper Providence, PA has grown 14.37% since 2010. As of 2018, the population was 24,269. The median household income of the Upper Providence was $123,451, which is 104.75% higher than the national average.

  • submarket area NE Chester / Upper Montgomery County Submarket
  • avg rent $1,325
  • rent growth 20.67%
  • vacancy 4.00%
  • median income $123,451
  • population (2018) 24,269
  • population growth 14.37%
  • vs. nat'l avg 104.75%

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