Area Insights of 94605, Oakland, CA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market remains active with a price ratio of 1%, indicating a strong buyer interest. A total of 309 homes were sold with 78 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

94605, Oakland, CA

Date

03-15-2023

Price Ratio

109%

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

Alliance Academy

6 to 8

Park Elementary School

KG to 8

Frick Middle School

6 to 8

Ratings

F

High School

Bay Area Technology

6 to 12

Ratings

C+

East Bay Innovation Academy

6 to 12

Lps Oakland R & D Campus

9 to 12

Ratings

C-

Oakland Unity High School

9 to 12

Ratings

B-

Castlemont High School

9 to 12

Ratings

F

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

Stay ahead with insights on population dynamics, income levels and employment patterns. These data points are key indicators of demand and future growth.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 8% 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 (43,591)
20,732 Male
22,859 Female
Education
17% High School
7% Associate
23% Bachelor
18% Graduate
Age

Average Age is 39 Years

Household Details

The area's household landscape is diverse, with 60% owner-occupied homes and 40% renter-occupied properties. Family households represent 64% of the population, indicating a strong community focus on family living. The average home value stands at $811,428, which suggests ample demand for multi-bedroom properties.

Total Households
16,509
Average home value
$811,428
Owned
60%
Rented
40%
Vacant
5%
Families
64%
Married
40%
With children
29%

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 9% Asian, 38% Black, and 2% Native residents, alongside 18% White and 29% 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 46% of households earning over $100,000 annually, while 23% 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
12%
Professional
12%
Education
10%
Services
29%
Labor
16%
Retail
9%
Other
8%