1031 Exchange West Chester, Pennsylvania
Pennsylvania Opportunity Zones

Surrounding submarket Area

West Chester, Pennsylvania is a part of the Central Chester Submarket submarket area, and contains 4 zip codes: 19381, 19383, 19380, and 19382.

West Chester Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the West Chester, PA submarket area was $1,612, which is 18.10% lower than 2014 average rent. This represents a compounded annual growth rate of 3.38%. 2019 vacancy in West Chester, PA was 5.20%.

The total population of the city of West Chester, PA has grown 8.60% since 2010. As of 2018, the population was 20,048. The median household income of the West Chester was $58,500, which is 2.97% lower than the national average.

  • submarket area Central Chester Submarket
  • avg rent $1,612
  • rent growth 18.10%
  • vacancy 5.20%
  • median income $58,500
  • population (2018) 20,048
  • population growth 8.60%
  • vs. nat'l avg 2.97%
  • zip codes 19380 19381 19382 19383

Compare DST Properties Side-By-Side
Source: www.zip-codes.com
Source: REIS Market Report
Source: United States Census Bureau

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