1031 Exchange Amarillo, Texas

 

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

Surrounding metropolitan Area

Amarillo, Texas is a part of the Amarillo, TX metropolitan area, and contains 27 zip codes, including: 79105, 79121, 79185, 79124, 79168, and 79103.

Amarillo Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Amarillo, TX metropolitan area was $753, which is 10.57% lower than 2014 average rent. This represents a compounded annual growth rate of 2.03%. 2019 vacancy in Amarillo, TX was 7.20%.

The total population of the city of Amarillo, TX has grown 4.84% since 2010. As of 2018, the population was 199,924. The median household income of the Amarillo was $52,543, which is 12.85% lower than the national average.

  • metropolitan area Amarillo, TX
  • avg rent $753
  • rent growth 10.57%
  • vacancy 7.20%
  • median income $52,543
  • population (2018) 199,924
  • population growth 4.84%
  • vs. nat'l avg 12.85%
  • zip codes 79101 79102 79103 79104 79105 79106 79107 79108 79109 79110 79111 79114 79116 79117 79118 79119 79120 79121 79124 79159 79166 79168 79172 79174 79178 79185 79189

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities