Rent, population, and median household income are important factors to consider for a 1031 exchange in Killeen-Fort Hood due to their correlations with market demand, and conversely, vacancy rate.
Surrounding metropolitan Area
Killeen-Fort Hood, Texas is a part of the Killeen-Temple, TX metropolitan area, and contains 7 zip codes, including: 76542, 76541, 76547, 76544, 76543, and 76540.
Killeen-Fort Hood Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Killeen-Fort Hood, TX metropolitan area was $789, which is 13.53% lower than 2014 average rent. This represents a compounded annual growth rate of 2.57%. 2019 vacancy in Killeen-Fort Hood, TX was 3.10%.
The total population of the city of Killeen-Fort Hood, TX has grown 16.56% since 2010. As of 2018, the population was 50,418. The median household income of the Killeen-Fort Hood was $149,103, which is 16.38% lower than the national average.
- metropolitan area Killeen-Temple, TX
- avg rent $789
- rent growth 13.53%
- vacancy 3.10%
- median income $149,103
- population (2018) 50,418
- population growth 16.56%
- vs. nat'l avg 16.38%
- zip codes 76540 76541 76542 76543 76547 76549 76544