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Real Estate Prices & Overview

Ralph Bunche / West Oakland median real estate price is $814,079, which is more expensive than 51.8% of the neighborhoods in California and 87.5% of the neighborhoods in the U.S.

The average rental price in Ralph Bunche / West Oakland is currently $2,024, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.1% of California neighborhoods.

Ralph Bunche / West Oakland is a densely urban neighborhood (based on population density) located in Oakland, California.

Ralph Bunche / West Oakland real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Ralph Bunche / West Oakland neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Ralph Bunche / West Oakland are 3.9%, which is lower than one will find in 73.9% of American neighborhoods. Demand for real estate in Ralph Bunche / West Oakland is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Oakland, the Ralph Bunche / West Oakland neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

In the Ralph Bunche / West Oakland neighborhood, 2.9% of people ride a ferry to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of ferry ridership than in 99.6% of the neighborhoods in America.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.3% of residents in the Ralph Bunche / West Oakland neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.3% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Finally, in the Ralph Bunche / West Oakland neighborhood, 15.6% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 96.5% of the neighborhoods in America.

Real Estate

Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Ralph Bunche / West Oakland neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Ralph Bunche / West Oakland neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 14.5% of its workforce, this neighborhood has a greater concentration of government workers than 96.8% of U.S. neighborhoods.

People

The Ralph Bunche / West Oakland neighborhood stands out for having an average per capita income lower than 96.1% of the neighborhoods in the United States.

Diversity

Did you know that the Ralph Bunche / West Oakland neighborhood has more Sub-Saharan African and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.9% of this neighborhood's residents have Sub-Saharan African ancestry and 6.8% have African ancestry.

Ralph Bunche / West Oakland is also pretty special linguistically. Significantly, 9.7% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 97.7% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Ralph Bunche / West Oakland neighborhood in Oakland are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.1% of U.S. neighborhoods. With 17.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 64.1% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Ralph Bunche / West Oakland neighborhood, 44.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 28.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.6%), and 14.5% in government jobs, whether they are in local, state, or federal positions.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Ralph Bunche / West Oakland neighborhood is English, spoken by 71.1% of households. Other important languages spoken here include Chinese, Spanish, African languages and Arabic.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Ralph Bunche / West Oakland neighborhood in Oakland, CA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (16.9%). There are also a number of people of Asian ancestry (15.0%), and residents who report Mexican roots (8.0%), and some of the residents are also of African ancestry (6.8%), along with some Arab ancestry residents (2.6%), among others. In addition, 18.7% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Ralph Bunche / West Oakland neighborhood spend between 15 and 30 minutes commuting one-way to work (28.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (38.8%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (15.6%) and 12.4% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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