Area Insights of 94805, Richmond, CA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 2%, reflecting steady buyer interest. A total of 70 homes were sold with 9 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

94805, Richmond, CA

Date

04-09-2023

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

Crestmont School

KG to 8

St David School

PK to 8

Middle School

DeJean Middle School

7 to 8

Ratings

D

Mira Vista School

KG to 8

Ratings

C+

High School

No schools available

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 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 (15,600)
7,566 Male
8,034 Female
Education
16% High School
9% Associate
28% Bachelor
17% Graduate
Age

Average Age is 40 Years

Household Details

The area's household landscape is diverse, with 69% owner-occupied homes and 31% renter-occupied properties. Family households represent 63% of the population, indicating a strong community focus on family living. The average home value stands at $699,289, which suggests ample demand for multi-bedroom properties.

Total Households
5,785
Average home value
$699,289
Owned
69%
Rented
31%
Vacant
3%
Families
63%
Married
46%
With children
30%

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 17% Asian, 12% Black, and 2% Native residents, alongside 30% White and 37% 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 48% of households earning over $100,000 annually, while 34% 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
11%
Education
16%
Services
22%
Labor
13%
Retail
9%
Other
14%
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