1031 Exchange Killeen-Fort Hood, Texas

 

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: 76543, 76544, 76547, 76540, 76541, and 76549.

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

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