Rent, population, and median household income are important factors to consider for a 1031 exchange in Pflugerville due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Pflugerville, Texas is a part of the North Travis submarket area, and contains zip codes 78660 and 78691.
Pflugerville Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Pflugerville, TX submarket area was $1,214, which is 23.50% higher than 2014 average rent. This represents a compounded annual growth rate of 4.31%. 2019 vacancy in Pflugerville, TX was 6.00%.
The total population of the city of Pflugerville, TX has grown 37.27% since 2010. As of 2018, the population was 64,431. The median household income of the Pflugerville was $88,232, which is 46.34% higher than the national average.
- submarket area North Travis
- avg rent $1,214
- rent growth 23.50%
- vacancy 6.00%
- median income $88,232
- population (2018) 64,431
- population growth 37.27%
- vs. nat'l avg 46.34%
- zip codes 78660 78691