1031 Exchange Layton, Utah

Utah Opportunity Zones

Surrounding submarket Area

Layton, Utah is a part of the Davis County Submarket submarket area, and contains zip codes 84040 and 84041.

Layton Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Layton, UT submarket area was $1,029, which is 25.03% higher than 2014 average rent. This represents a compounded annual growth rate of 4.57%. 2019 vacancy in Layton, UT was 3.10%.

The total population of the city of Layton, UT has grown 14.84% since 2010. As of 2018, the population was 77,303. The median household income of the Layton was $74,888, which is 24.21% higher than the national average.

  • submarket area Davis County Submarket
  • avg rent $1,029
  • rent growth 25.03%
  • vacancy 3.10%
  • median income $74,888
  • population (2018) 77,303
  • population growth 14.84%
  • vs. nat'l avg 24.21%
  • zip codes 84040 84041

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