Area Insights of 94607, Oakland, CA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 4%, reflecting steady buyer interest. A total of 119 homes were sold with 28 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

94607, Oakland, CA

Date

04-15-2023

Price Ratio

102%

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 Vincent's Day Home

PK to KG

Middle School

American Indian Public Charter

6 to 8

Ratings

B-

West Oakland Middle School

6 to 8

Ratings

D

High School

Civicorps Corpsmember Academy

9 to 12

Young Adult Program

12 to 12

Gateway to College at Laney College

9 to 12

Ratings

C

Ralph J. Bunche High School

9 to 12

Ratings

D+

McClymonds 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 18% 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 (30,853)
15,257 Male
15,596 Female
Education
15% High School
7% Associate
32% Bachelor
17% Graduate
Age

Average Age is 39 Years

Household Details

The area's household landscape is diverse, with 34% owner-occupied homes and 66% renter-occupied properties. Family households represent 42% of the population, indicating a strong community focus on family living. The average home value stands at $638,221, which suggests ample demand for multi-bedroom properties.

Total Households
12,980
Average home value
$638,221
Owned
34%
Rented
66%
Vacant
8%
Families
42%
Married
23%
With children
17%

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 26% Asian, 26% Black, and 1% Native residents, alongside 26% White and 16% 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 44% of households earning over $100,000 annually, while 18% 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
2%
Healthcare
14%
Professional
17%
Education
9%
Services
25%
Labor
12%
Retail
9%
Other
11%
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