1031 Exchange Huntington, West Virginia

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Huntington due to their correlations with market demand, and conversely, vacancy rate.

Surrounding metropolitan area Area

Huntington, West Virginia is a part of the Huntingtown-Ashland, WV-KY-OH metropolitan area area, and contains 40 zip codes, including: 25729, 25779, 25716, 25778, 25719, and 25710.

Huntington Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Huntington, WV metropolitan area area was $740, which is 9.96% lower than 2014 average rent. This represents a compounded annual growth rate of 1.92%. 2019 vacancy in Huntington, WV was 2.30%.

The total population of the city of Huntington, WV has decreased 6.29% since 2010. As of 2018, the population was 46,048. The median household income of the Huntington was $30,362, which is 50.00% lower than the national average.

  • metropolitan area area Huntingtown-Ashland, WV-KY-OH
  • avg rent $740
  • rent growth 9.96%
  • vacancy 2.30%
  • median income $30,362
  • population (2018) 46,048
  • population growth -6.29%
  • vs. nat'l avg 50.00%
  • zip codes 25701 25702 25703 25704 25705 25706 25707 25708 25709 25710 25711 25712 25713 25714 25715 25716 25717 25718 25719 25720 25721 25722 25723 25724 25725 25726 25727 25728 25729 25755 25770 25771 25772 25773 25774 25775 25776 25777 25778 25779

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities