Denver MSA | CO
Population | 3,005,131 |
Total Housholds | 1,223,825 |
Percentage of Households in Income Band | 62.6% |
Income Qualified Housholds Income Band | 766,114 |
Propensity of Renter Occupied Housing In Market Area With Income Brand | 50% |
Existing Competetive Supply | 383,057 |
Under Construction / Proposed Units | 38,306 |
Total Projected Supply | 421,363 |
Income qualified Households (Current Demand) | 297,164 |
Plus Friction Vacancy @ 10% | 15,398 |
Total potential demand for units in Defined Income Brand | 312,562 |
Residual Demand | 108,801 |
Indicated Penetration Rate | 74.2% |
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