Chinatown median real estate price is $765,928, which is more expensive than 39.1% of the neighborhoods in California and 82.5% of the neighborhoods in the U.S.
The average rental price in Chinatown is currently $2,845, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.3% of California neighborhoods.
Chinatown is a densely urban neighborhood (based on population density) located in Oakland, California.
Chinatown 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Chinatown 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.
Home and apartment vacancy rates are 6.7% in Chinatown. NeighborhoodScout analysis shows that this rate is lower than 54.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
More people in Chinatown choose to walk to work each day (25.9%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
If you like crowded places, then you will probably enjoy the the Chinatown neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.3% of neighborhoods in the U.S., with 26,335 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Chinatown neighborhood is one of the most walkable neighborhoods in America.
In addition, renter-occupied real estate is dominant in the Chinatown neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 88.0%, which is higher than 96.2% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Did you know that the Chinatown neighborhood has more Asian and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 78.3% of this neighborhood's residents have Asian ancestry and 3.0% have Native American ancestry.
Chinatown is also pretty special linguistically. Significantly, 69.9% of its residents five years old and above primarily speak Chinese at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Chinatown neighborhood. What is interesting to note, is that the Chinatown neighborhood has a greater percentage of residents born in another country (67.0%) than are found in 99.6% of all U.S. neighborhoods.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Chinatown 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 94.8% of U.S. neighborhoods. With 22.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.3% 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 Chinatown neighborhood, 59.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 14.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.0%), and 12.9% in manufacturing and laborer occupations.
The most common language spoken in the Chinatown neighborhood is Chinese, spoken by 69.9% of households. Some people also speak English (25.5%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Chinatown neighborhood in Oakland, CA, residents most commonly identify their ethnicity or ancestry as Asian (78.3%). There are also a number of people of Native American ancestry (3.0%), and residents who report German roots (1.9%), and some of the residents are also of Ukrainian ancestry (1.3%), along with some Russian ancestry residents (1.3%), among others. In addition, 67.0% of the residents of this neighborhood were born in another country.
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 Chinatown neighborhood spend between 45 minutes and one hour commuting one-way to work (35.0% of working residents), longer and tougher than most commutes in America.
Here most residents (35.6%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (25.9%) and 11.9% of residents also carpool with coworkers, friends, or neighbors 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.