Rent, population, and median household income are important factors to consider for a 1031 exchange in Whitehall due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Whitehall, Pennsylvania is a part of the Whitehall/Baldwin/West Mifflin Submarket submarket area, and contains zip code 18052.
Whitehall Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Whitehall, PA submarket area was $872, which is 24.39% higher than 2014 average rent. This represents a compounded annual growth rate of 4.46%. 2019 vacancy in Whitehall, PA was 4.90%.
The total population of the city of Whitehall, PA has decreased 2.12% since 2010. As of 2018, the population was 13,648. The median household income of the Whitehall was $63,518, which is 5.35% higher than the national average.
- submarket area Whitehall / Baldwin / West Mifflin Submarket
- avg rent $872
- rent growth 24.39%
- vacancy 4.90%
- median income $63,518
- population (2018) 13,648
- population growth -2.12%
- vs. nat'l avg 5.35%
- zip code 18052
