ZIP 94611 - 860Z200US94611 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 94611, located in the heart of Oakland, California, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 39,000 and a median household income surpassing $176,000, this ZIP code reflects a prosperous and diverse community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these metrics provide valuable insights to guide your decisions. Let’s break down the key data points to help you understand what makes ZIP 94611 unique.

Population & Households

ZIP 94611 is home to 39,240 residents, making it a moderately sized community within the Oakland area. These individuals are distributed across 17,840 households, indicating an average household size of roughly 2.2 people. This balance suggests a mix of families, couples, and singles, offering a dynamic social fabric. For those eyeing residential or commercial opportunities, the population density supports a robust local market with potential for both personal and business growth.

Income & Housing Costs

One of the standout features of ZIP 94611 is its economic strength, with a median household income of $176,517. This figure points to a high-earning community, likely attracting professionals and affluent families. Housing costs align with this prosperity—median home values reach $1,485,000, reflecting a premium real estate market. For renters, the median monthly rent is $2,274, which, while significant, is more accessible than purchasing in this area. These numbers highlight ZIP 94611 as a desirable yet competitive market for housing and investment.

Race & Ethnicity

The demographic makeup of ZIP 94611 showcases a diverse community with a blend of cultural backgrounds. The racial composition includes 58.81% White, 17.34% Asian, 6.53% Black, and 7.26% Hispanic residents, with the remainder comprising other or mixed-race individuals. This diversity fosters a vibrant local culture, which can be a draw for families seeking inclusive environments and businesses aiming to serve a varied customer base. Understanding this mix is crucial for tailoring services or community engagement strategies in this area.

Key Facts

• Total population: 39,240 residents, offering a substantial local market.
• Total households: 17,840, with an average size of about 2.2 people per household.
• Median household income: $176,517, indicating strong purchasing power.
• Median home value: $1,485,000, reflecting a high-end real estate market.
• Median rent: $2,274 per month, a notable but more affordable option compared to buying.
• Diverse community: 58.81% White, 17.34% Asian, 6.53% Black, and 7.26% Hispanic.
• Total housing units: 19,014, with a small vacancy rate suggesting high demand.

What This Means for You

For homebuyers, ZIP 94611 offers a prestigious address with access to a high-income, diverse community, though the $1.485 million median home value means you’ll need substantial financial readiness or a strategic approach to financing. Investors and real estate agents can capitalize on the area’s strong demand and limited housing supply—evidenced by just 19,014 total units for nearly 18,000 households—potentially yielding high returns despite the steep entry cost. Small-business owners will find a wealthy and varied customer base, ideal for premium products or culturally tailored services, especially given the $176,517 median income. Analysts can use these metrics to benchmark ZIP 94611 against neighboring areas, identifying trends in wealth distribution or housing affordability. Across all groups, the data underscores a competitive yet rewarding market for those prepared to engage with it.

Run This Study Yourself

• Curious about other ZIP codes or deeper insights into ZIP 94611? Start by visiting ZipcodeGPT to access powerful demographic tools.
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• Use the data to inform your next move, whether buying a home, investing, or launching a business in a new area.