ZIP 94621 - 860Z200US94621 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 94621, located in Oakland, California, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 34,000 and a diverse cultural makeup, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, we’ll break down key metrics on population, income, housing, and ethnicity to help you make informed decisions about this dynamic community.

Population & Households

ZIP 94621 is home to a sizable population of 34,658 residents as of 2023. These individuals are distributed across 10,494 households, reflecting a community with a mix of family sizes and living arrangements. The total number of housing units in the area stands at 11,078, indicating a slight vacancy rate that could signal opportunities for buyers or investors looking to enter the market. Understanding the balance between population and household numbers can help gauge the density and demand for services or housing in this part of Oakland.

Income & Housing Costs

The median household income in ZIP 94621 is $53,106, which provides insight into the economic profile of the area. This figure suggests a working-class community where affordability may be a key concern for many residents. On the housing front, the median home value is $537,600, reflecting the high property values often seen in the Bay Area. For renters, the median rent is $1,527 per month, which could be a significant portion of income for many households. These numbers highlight the importance of financial planning for prospective buyers or renters, as well as the potential for rental income for investors.

Race & Ethnicity

ZIP 94621 stands out for its rich diversity, with a racial and ethnic composition that shapes the cultural fabric of the community. The largest demographic group is Hispanic, making up 62.52% of the population. Black residents account for 23.69%, while White and Asian populations are smaller at 5.55% and 3.88%, respectively. This diversity can be a draw for businesses seeking to serve a wide range of customers or for families looking for a vibrant, multicultural environment to call home.

Key Facts

• Total population: 34,658 residents in 2023.
• Total households: 10,494, indicating varied household structures.
• Total housing units: 11,078, with some potential vacancies.
• Median household income: $53,106, reflecting a working-class economic base.
• Median home value: $537,600, aligned with Bay Area trends.
• Median rent: $1,527 per month, a key consideration for affordability.
• Dominant ethnicity: Hispanic at 62.52%, showcasing significant diversity.

What This Means for You

For homebuyers, ZIP 94621 offers a chance to join a diverse and vibrant community, though the median home value of $537,600 requires careful budgeting, especially given the median income of $53,106. Renters should note the median rent of $1,527 and plan accordingly for living expenses in this area. Investors and real estate agents may find potential in the slight gap between housing units and households, which could indicate available properties or rental demand. The high home values also suggest room for appreciation in a competitive market. Small-business owners can benefit from the large, diverse population of 34,658, tailoring products or services to meet the needs of a predominantly Hispanic community while considering the economic constraints reflected in the median income. Analysts can use these metrics to assess trends in housing affordability, demographic shifts, and economic opportunity in this Oakland ZIP code.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 94621? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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