Area Insights of 94606, 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 63 homes were sold with 12 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

94606, Oakland, CA

Date

03-13-2023

Price Ratio

110%

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

Downtown Charter Academy

6 to 8

Roosevelt Middle School

6 to 8

Ratings

C-

La Escuelita School

KG to 8

Ratings

C-

High School

Dewey Academy

9 to 12

Ratings

D-

Metwest High School

9 to 12

Ratings

C-

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 6% 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 (37,895)
18,262 Male
19,633 Female
Education
16% High School
7% Associate
29% Bachelor
15% Graduate
Age

Average Age is 38 Years

Household Details

The area's household landscape is diverse, with 19% owner-occupied homes and 81% renter-occupied properties. Family households represent 48% of the population, indicating a strong community focus on family living. The average home value stands at $802,247, which suggests ample demand for multi-bedroom properties.

Total Households
15,812
Average home value
$802,247
Owned
19%
Rented
81%
Vacant
7%
Families
48%
Married
30%
With children
19%

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 37% Asian, 16% Black, and 2% Native residents, alongside 22% White and 22% 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 35% of households earning over $100,000 annually, while 27% 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
15%
Professional
12%
Education
9%
Services
25%
Labor
14%
Retail
11%
Other
11%