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1031 Exchange White Oak, Pennsylvania

 

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

Surrounding submarket Area

White Oak, Pennsylvania is a part of the Monroeville/Mckeesport/White Oak Submarket submarket area.

White Oak Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the White Oak, PA submarket area was $949, which is 18.03% lower than 2014 average rent. This represents a compounded annual growth rate of 3.37%. 2019 vacancy in White Oak, PA was 2.00%.

The total population of the city of White Oak, PA has decreased 4.62% since 2010. As of 2018, the population was 7,499. The median household income of the White Oak was $56,128, which is 6.91% lower than the national average.

  • submarket area Monroeville / Mckeesport / White Oak Submarket
  • avg rent $949
  • rent growth 18.03%
  • vacancy 2.00%
  • median income $56,128
  • population (2018) 7,499
  • population growth -4.62%
  • vs. nat'l avg 6.91%

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