Oakland has a population of 437,825 with a median age of 37.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 437,825 |
| Median Age | 37.5 |
| White | 32.3% |
| Black or African American | 21.8% |
| Asian | 15.9% |
| Hispanic or Latino | 26.6% |
| Other / Two or More Races | 3.4% |
The median household income in Oakland is $94,389, which is 25.6% above the national median of $75,149. The per capita income is $56,628. The poverty rate is 13.2%.
The unemployment rate in Oakland is 5.8%, compared to the national rate of 5.4%.
In Oakland, 85.6% of residents age 25+ have a high school diploma or higher, and 48.4% hold a bachelor's degree or higher (21.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 85.6% |
| Bachelor's Degree or Higher | 48.4% |
| Graduate or Professional Degree | 21.2% |
The median home value in Oakland is $883,800, above the national median of $281,900. The median monthly rent is $1,849. The homeownership rate is 42.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $883,800 |
| Median Monthly Rent | $1,849 |
| Homeownership Rate | 42.1% |
| Vacancy Rate | 7.7% |
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