Rent, population, and median household income are important factors to consider for a 1031 exchange in San Angelo due to their correlations with market demand, and conversely, vacancy rate.
Surrounding metropolitan area Area
San Angelo, Texas is a part of the San Angelo, TX metropolitan area area, and contains 7 zip codes, including: 76905, 76904, 76901, 76906, 76902, and 76909.
San Angelo Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the San Angelo, TX metropolitan area area was $786, which is 14.41% lower than 2014 average rent. This represents a compounded annual growth rate of 2.73%. 2019 vacancy in San Angelo, TX was 3.90%.
The total population of the city of San Angelo, TX has grown 7.53% since 2010. As of 2018, the population was 49,066. The median household income of the San Angelo was $100,215, which is 18.62% lower than the national average.
- metropolitan area area San Angelo, TX
- avg rent $786
- rent growth 14.41%
- vacancy 3.90%
- median income $100,215
- population (2018) 49,066
- population growth 7.53%
- vs. nat'l avg 18.62%
- zip codes 76901 76902 76903 76904 76905 76906 76909