Area Insights of 94601, Oakland, CA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 1%, reflecting steady buyer interest. A total of 129 homes were sold with 33 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

94601, Oakland, CA

Date

04-29-2023

Price Ratio

108%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

St Elizabeth Elementary School

KG to 8

Middle School

Epic Charter

6 to 8

Oakland Charter Academy

6 to 8

Ratings

D-

Urban Promise Academy

6 to 8

Ratings

D+

United for Success Academy

6 to 8

Ratings

C-

High School

Opportunity Academy

10 to 12

Ratings

D-

Latitude 37.8 High School

9 to 12

Ratings

C

Arise High School

9 to 12

Oakland Charter High School

9 to 12

Ratings

B+

Fremont High School

9 to 12

Ratings

D-

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 5% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (51,573)
26,209 Male
25,364 Female
Education
23% High School
7% Associate
17% Bachelor
7% Graduate
Age

Average Age is 35 Years

Household Details

The area's household landscape is diverse, with 33% owner-occupied homes and 67% renter-occupied properties. Family households represent 68% of the population, indicating a strong community focus on family living. The average home value stands at $643,640, which suggests ample demand for multi-bedroom properties.

Total Households
16,361
Average home value
$643,640
Owned
33%
Rented
67%
Vacant
5%
Families
68%
Married
40%
With children
40%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 18% Asian, 15% Black, and 5% Native residents, alongside 13% White and 53% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 27% of households earning over $100,000 annually, while 30% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
1%
Healthcare
15%
Professional
6%
Education
7%
Services
27%
Labor
21%
Retail
13%
Other
10%
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