Area Insights of 94603, Oakland, CA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 109 homes were sold with 26 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

94603, Oakland, CA

Date

04-30-2023

Price Ratio

104%

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

No schools available

Middle School

Elmhurst United Middle School

6 to 8

Ratings

D+

High School

Aspire Lionel Wilson College Preparatory Academy

6 to 12

Ratings

B-

Madison Park Academy 6-12

6 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 13% 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 (32,646)
15,670 Male
16,976 Female
Education
31% High School
8% Associate
13% Bachelor
5% Graduate
Age

Average Age is 33 Years

Household Details

The area's household landscape is diverse, with 44% owner-occupied homes and 56% renter-occupied properties. Family households represent 71% of the population, indicating a strong community focus on family living. The average home value stands at $549,332, which suggests ample demand for multi-bedroom properties.

Total Households
9,343
Average home value
$549,332
Owned
44%
Rented
56%
Vacant
4%
Families
71%
Married
42%
With children
41%

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 7% Asian, 25% Black, and 3% Native residents, alongside 8% White and 60% 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 28% of households earning over $100,000 annually, while 32% 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
3%
Healthcare
11%
Professional
4%
Education
5%
Services
33%
Labor
21%
Retail
15%
Other
9%
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