Rent, population, and median household income are important factors to consider for a 1031 exchange in La Crosse due to their correlations with market demand, and conversely, vacancy rate.
Surrounding metropolitan Area
La Crosse, Wisconsin is a part of the La Crosse-Onalaska, WI-MN metropolitan area, and contains 3 zip codes: 54602, 54603, and 54601.
La Crosse Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the La Crosse, WI metropolitan area was $789, which is 10.97% lower than 2014 average rent. This represents a compounded annual growth rate of 2.10%. 2019 vacancy in La Crosse, WI was 2.60%.
The total population of the city of La Crosse, WI has grown 0.48% since 2010. As of 2018, the population was 51,567. The median household income of the La Crosse was $43,516, which is 27.83% lower than the national average.
- metropolitan area La Crosse-Onalaska, WI-MN
- avg rent $789
- rent growth 10.97%
- vacancy 2.60%
- median income $43,516
- population (2018) 51,567
- population growth 0.48%
- vs. nat'l avg 27.83%
- zip codes 54601 54602 54603