Rent, population, and median household income are important factors to consider for a 1031 exchange in College Station due to their correlations with market demand, and conversely, vacancy rate.
Surrounding metropolitan Area
College Station, Texas is a part of the College Station-Bryan, TX metropolitan area, and contains 13 zip codes, including: 77803, 77841, 77802, 77801, 77805, and 77807.
College Station Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the College Station, TX metropolitan area was $896, which is 15.46% lower than 2014 average rent. This represents a compounded annual growth rate of 2.92%. 2019 vacancy in College Station, TX was 4.60%.
The total population of the city of College Station, TX has grown 23.82% since 2010. As of 2018, the population was 116,218. The median household income of the College Station was $42,964, which is 28.74% lower than the national average.
- metropolitan area College Station-Bryan, TX
- avg rent $896
- rent growth 15.46%
- vacancy 4.60%
- median income $42,964
- population (2018) 116,218
- population growth 23.82%
- vs. nat'l avg 28.74%
- zip codes 77840 77841 77842 77843 77844 77845 77801 77802 77803 77805 77806 77807 77808
