1031 Exchange Warwick, Pennsylvania


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

Surrounding submarket Area

Warwick, Pennsylvania is a part of the Upper Bucks County Submarket submarket area.

Warwick Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Warwick, PA submarket area was $1,307, which is 9.92% higher than 2014 average rent. This represents a compounded annual growth rate of 1.91%. 2019 vacancy in Warwick, PA was 3.00%.

The total population of the city of Warwick, PA has grown 1.30% since 2010. As of 2018, the population was 14,624. The median household income of the Warwick was $117,933, which is 95.60% higher than the national average.

  • submarket area Upper Bucks County Submarket
  • avg rent $1,307
  • rent growth 9.92%
  • vacancy 3.00%
  • median income $117,933
  • population (2018) 14,624
  • population growth 1.30%
  • vs. nat'l avg 95.60%

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