1031 Exchange in Hammond MSA

The Hammond Metropolitan Statistical Area represents a university-healthcare anchored economy driven by Southeastern Louisiana University's $1 billion annual regional impact and healthcare sector leadership (8,983 workers) while serving as a strategic distribution hub for major retailers (Walmart, Home Depot, Cardinal Health) creating stable employment base for 135,218 residents with growing incomes ($57,256 median household, up 3.59%) and exceptionally affordable property taxes ($889 median bill versus $2,400 national average) in young demographic market (35.7 median age) with solid homeownership (71.5%) and competitive housing costs ($204,600-$279,900 range). This Tangipahoa Parish metro combines educational institution stability, healthcare sector growth, and logistics industry advantages, offering 1031 exchange investors exposure to university town fundamentals, regional healthcare demand, and distribution economy benefits while serving students, faculty, healthcare professionals, and logistics workers in Southeast Louisiana's emerging growth corridor.