Area Insights of 94609, 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 114 homes were sold with 18 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

94609, Oakland, CA

Date

04-29-2023

Price Ratio

119%

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

Escuela Bilingue Internacional

PK to 8

Middle School

No schools available

High School

Street Academy (Alternative)

9 to 12

Ratings

D-

Oakland International 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 15% 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 (23,612)
11,568 Male
12,044 Female
Education
10% High School
5% Associate
35% Bachelor
29% 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 43% of the population, indicating a strong community focus on family living. The average home value stands at $1,083,572, which suggests ample demand for multi-bedroom properties.

Total Households
10,760
Average home value
$1,083,572
Owned
33%
Rented
67%
Vacant
10%
Families
43%
Married
29%
With children
20%

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 12% Asian, 20% Black, and 1% Native residents, alongside 46% White and 14% 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 52% of households earning over $100,000 annually, while 25% 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
4%
Healthcare
11%
Professional
21%
Education
13%
Services
20%
Labor
11%
Retail
9%
Other
11%
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