1031 Exchange Corpus Christi, Texas

 

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

Surrounding metropolitan Area

Corpus Christi, Texas is a part of the Corpus Christi, TX metropolitan area, and contains 30 zip codes, including: 78401, 78480, 78417, 78465, 78404, and 78427.

Corpus Christi Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Corpus Christi, TX metropolitan area was $981, which is 13.54% lower than 2014 average rent. This represents a compounded annual growth rate of 2.57%. 2019 vacancy in Corpus Christi, TX was 3.90%.

The total population of the city of Corpus Christi, TX has grown 6.99% since 2010. As of 2018, the population was 326,554. The median household income of the Corpus Christi was $55,709, which is 7.60% lower than the national average.

  • metropolitan area Corpus Christi, TX
  • avg rent $981
  • rent growth 13.54%
  • vacancy 3.90%
  • median income $55,709
  • population (2018) 326,554
  • population growth 6.99%
  • vs. nat'l avg 7.60%
  • zip codes 78401 78402 78403 78404 78405 78406 78407 78408 78409 78410 78411 78412 78413 78414 78415 78416 78417 78418 78419 78426 78427 78460 78463 78465 78466 78467 78468 78469 78472 78480

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities