1031 Exchange Green Bay, Wisconsin

 

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

Surrounding metropolitan Area

Green Bay, Wisconsin is a part of the Green Bay, WI metropolitan area, and contains 12 zip codes, including: 54306, 54307, 54302, 54311, 54303, and 54324.

Green Bay Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Green Bay, WI metropolitan area was $746, which is 12.35% lower than 2014 average rent. This represents a compounded annual growth rate of 2.36%. 2019 vacancy in Green Bay, WI was 1.70%.

The total population of the city of Green Bay, WI has grown 0.79% since 2010. As of 2018, the population was 104,879. The median household income of the Green Bay was $47,797, which is 20.73% lower than the national average.

  • metropolitan area Green Bay, WI
  • avg rent $746
  • rent growth 12.35%
  • vacancy 1.70%
  • median income $47,797
  • population (2018) 104,879
  • population growth 0.79%
  • vs. nat'l avg 20.73%
  • zip codes 54301 54302 54303 54304 54305 54306 54307 54308 54311 54313 54324 54344

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