Oakland California Real
Estate
By: Jennifer Hershey
Oakland, California, is located in Alameda
County, and is 10 miles E of San Francisco, California. Oakland has a
population of 399,484. It is in the San Francisco Bay Area region, and
enjoys close proximity to San Francisco. The San Francisco-Oakland Bay
Bridge links the two cities together.
Concentrated efforts have been made in the preservation of precious
Victorian homes. The beautiful results can be seen in downtown Oakland’s
Preservation Park, as well as throughout the city and in the picturesque
Oakland Hills.
The city’s homes follow different architectural styles, but two are
dominant—the Victorian, and the Craftsman. See fine examples of both in
Rockridge, a pedestrian friendly Oakland neighborhood well-served by public
transportation. A BART commuter train station is here, flanked by a
European-style public market, ethnic restaurants, and boutiques. Another
neighborhood is Elmwood—to the North—and borders the University of
California. Homes in both neighborhoods are in high demand.
Oakland properties pool is 150,787 residential properties including Oakland
new homes. Median age of real estate in Oakland is 1950. Its average
household size is 3.38 people. 10% are one bedroom homes, 34% are 2 bedroom
homes, 36% are 3 bedroom homes, 14% are 4 bedroom homes, and 4% are 5+
bedroom homes.
Homes With No Mortgage 23%
Homes With Mortgage 77%
First Mortgage Only 58%
First & Second Mortgage or HELOC 19%
Oakland Real estate Tax: Median Real Estate Taxes (2000) were $1,762
comparing to 1999 Median Family income $ 44,384. Compare to USA median
yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Oakland School District: Children make up 25% of Oakland population. Oakland
has 99,759 under 18 years old residents, or 0.59 kids per one worker, or
0.66 kids per one household.
There are also many private schools, including the new addition of a Spanish
bilingual school for preschool to the elementary levels.
Oakland Real Estate & Oakland Homeownership
There are 48251.84 or 32% one person households, 42220.36 or 28% two person
households, and 22618.05 or 15% three person households in Oakland,
California. Median residents age is 33.3, Senior citizens (65+) make up
41,788 or 10.5%% of Oakland population.
There are 170,503 workers (over 16 years of age) in Oakland. Of these,
71.98% drive to work. Approximately 17.44% of workers in Oakland take public
transportation. An estimated 3.73% walk to work. Public transportation
consists of the bus, as well as the Bay Area Rapid Transport trains, which
is headquartered in Oakland.
Median Oakland homeowner's housing expenses are 22.5%
Crime in Oakland (2003), crimes per 10,000 residents per year
Violent Crimes 140.51
Robberies 61.93
Aggravated Assaults 69.14
Property Crimes 566.48
Burglaries 114.35
Larceny-Thefts 314.18
Motor Vehicle Thefts 137.95
Oakland is an ethnically diverse city in a region that offers temperate
climate most of the year. Civic life thrives here, with many museums and
educational institutions that call Oakland their home. Many beautiful
highlights include Lake Merritt, Oakland’s own Chinatown, and the Oakland
Hills with its stunning views of the San Francisco skyline and the bay.
When making a decision about buying real estate in Oakland California area,
you should consider the following statistical data:
Near Medium City
Near Large City San Francisco, California
Oakland Zip Codes 94601, 94602, 94603, 94605, 94606, 94607, 94608, 94609,
94610, 94611, 94612, 94615, 94617, 94618, 94619, 94621
Oakland Area Codes 510
White population 31.29%
African-American population 35.66%
Asian 15.23%
American Indian & Alaskan
Hispanic (of any race) 21.89%
Median Family Income (1999) $ 44,384%
Population Below Poverty Level 19.15%
About The Author
Jennifer Hershey has more than twenty years of experience in the Mortgage
Industry as a loan officer. She is the owner of
http://www.explainingmortgages.com/ , a real estate and mortgage
resource site devoted to making mortgage terms and products easy.
[Internet-Marketing-One.Com]
