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1031 Exchange Waukesha, Wisconsin

 

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

Surrounding submarket Area

Waukesha, Wisconsin is a part of the West Waukesha County Submarket submarket area, and contains 4 zip codes: 53188, 53187, 53189, and 53186.

Waukesha Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Waukesha, WI submarket area was $1,048, which is 17.09% higher than 2014 average rent. This represents a compounded annual growth rate of 3.21%. 2019 vacancy in Waukesha, WI was 3.30%.

The total population of the city of Waukesha, WI has grown 2.59% since 2010. As of 2018, the population was 72,549. The median household income of the Waukesha was $62,016, which is 2.86% higher than the national average.

  • submarket area West Waukesha County Submarket
  • avg rent $1,048
  • rent growth 17.09%
  • vacancy 3.30%
  • median income $62,016
  • population (2018) 72,549
  • population growth 2.59%
  • vs. nat'l avg 2.86%
  • zip codes 53186 53187 53188 53189

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