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Economy, jobs and prices in Oakland, California: official figures

The median household income in Oakland was $101,600 a year in the 2020-2024 American Community Survey (in 2024 dollars), 217th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the California median $99,122.

Median household income
$101,600
2020-2024
Unemployment rate (ACS)
6.4%
2020-2024
Mean travel time to work
29.8 min
2020-2024
Median gross rent (monthly)
$1,979
2020-2024
Median home value (owner-occupied)
$929,900
2020-2024
Homes occupied by their owners
42.3%
2020-2024
Households with a broadband subscription
91.6%
2020-2024

What is the per capita income in Oakland?

Income per resident (per capita income) in Oakland averaged $61,757 a year in 2020-2024, 99th highest of 823 US cities of 50,000 or more (US: $44,673; California: $49,513).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Oakland?

Oakland's Gini index of household income inequality was 0.511 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 72nd most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Oakland, California?

6.4% of the civilian labor force in Oakland was unemployed on average over 2020-2024 (15,990 people), 215th highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and California's 6.6%.

Source: U.S. Census Bureau · saved copy

What share of people in Oakland are working?

68.7% of Oakland's 365,991 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 231st highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Oakland have jobs?

234,902 residents of Oakland held civilian jobs, 64.2% of those aged 16 and over (US: 59.7%), and 444 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Oakland?

The largest industry group for working residents of Oakland was education, health care and social assistance (22.7% of employed residents), followed by professional, scientific, management and administrative services (19.7%) and arts, entertainment, recreation, accommodation and food services (8.9%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Oakland work in manufacturing?

Manufacturing employed 6.5% of working residents of Oakland, 205th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 19.7% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Oakland, California?

Commuters in Oakland took 29.8 minutes on average to get to work in 2020-2024, 159th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 11.9% travelled an hour or more and 17.4% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Oakland get to work?

26.5% of workers living in Oakland worked from home in 2020-2024, 87th highest of 823 US cities of 50,000 or more (US: 15.1%). 46.9% drove to work alone, 7.6% carpooled, 12.5% used public transport and 2.9% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Oakland, California?

The median gross rent (rent plus utilities) in Oakland was $1,979 a month in 2020-2024, 174th highest of 823 US cities of 50,000 or more (US: $1,413; California: $2,036).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Oakland?

Owner-occupied homes in Oakland had a median value of $929,900 in 2020-2024 as estimated by their owners, 58th highest of 823 US cities of 50,000 or more (US: $332,700; California: $734,700).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Oakland?

The median home value in Oakland was 9.2 times the median household income, 38th highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Oakland, California own their home?

42.3% of the 176,584 occupied homes in Oakland were lived in by their owners in 2020-2024 and 101,831 were rented, 84th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; California: 55.9%).

Source: U.S. Census Bureau · saved copy

What share of homes in Oakland have broadband?

91.6% of households in Oakland had a broadband internet subscription of some type in 2020-2024, 321st lowest of 823 US cities of 50,000 or more (US: 91.0%; California: 93.5%).

Source: U.S. Census Bureau · saved copy

How many households in Oakland have no internet?

6.4% of households in Oakland (11,342) had no internet access at home in 2020-2024, 247th highest of 823 US cities of 50,000 or more (US: 6.5%); 10.3% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Oakland compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Oakland ranks 217 of 823, highest first.

RankCityMedian household income (2024 dollars)
214Lake Elsinore$101,888
215Mount Prospect$101,720
216St. Louis Park$101,648
217Oakland$101,600
218San Leandro$101,420
219Carrollton$101,396
220Royal Oak$101,109
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Oakland ranks 99 of 823, highest first.

RankCityPer capita income (2024 dollars)
96Mission Viejo$61,910
97Grapevine$61,797
98Franklin$61,761
99Oakland$61,757
100Boston$61,698
101Bowie$61,564
102Norwalk$61,397
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Oakland ranks 72 of 823, highest first.

RankCityGini index of household income inequality
69Lafayette0.512
70Gary0.511
71San Rafael0.511
72Oakland0.511
73Valdosta0.511
74Waco0.511
75Johnson City0.511
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Oakland ranks 215 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
212Montgomery6.4%
213Warner Robins6.4%
214Elk Grove6.4%
215Oakland6.4%
216Beaumont6.4%
217Palm Desert6.4%
218Waukegan6.4%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Oakland ranks 231 of 823, highest first.

RankCityLabor force participation rate (16 and over)
228Lawrence68.7%
229Haverhill68.7%
230Kansas City68.7%
231Oakland68.7%
232Apple Valley68.7%
233Cuyahoga Falls68.7%
234Lancaster68.6%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Oakland ranks 159 of 823, highest first.

RankCityMean travel time to work (minutes)
156League City29.9
157Coral Springs29.9
158Long Beach29.9
159Oakland29.8
160Lincoln29.8
161Smyrna29.8
162Rio Rancho29.7
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Oakland ranks 87 of 823, highest first.

RankCityWorkers who worked from home
84Mount Pleasant26.7%
85Redwood City26.7%
86Allen26.7%
87Oakland26.5%
88Tigard26.4%
89San Rafael26.3%
90Minneapolis26.2%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Oakland ranks 27 of 823, highest first.

RankCityWorkers commuting by public transportation
24Hartford13.1%
25Oak Park13.1%
26White Plains12.5%
27Oakland12.5%
28Berkeley12.4%
29Alexandria12.1%
30Passaic11.9%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Oakland ranks 619 of 823, highest first.

RankCityEmployed residents working in manufacturing
616Redmond6.5%
617Charleston6.5%
618Gulfport6.5%
619Oakland6.5%
620Ocoee6.5%
621Corpus Christi6.5%
622Savannah6.4%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Oakland ranks 439 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
436Victorville22.7%
437Madera22.7%
438Concord22.7%
439Oakland22.7%
440Mount Pleasant22.7%
441Indianapolis22.7%
442Canton22.6%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Oakland ranks 174 of 823, highest first.

RankCityMedian gross rent per month
171South Jordan$1,991
172Rowlett$1,990
173Shoreline$1,985
174Oakland$1,979
175Hillsboro$1,978
176Apopka$1,969
177San Luis Obispo$1,965
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Oakland ranks 58 of 823, highest first.

RankCityMedian value of owner-occupied homes
55Seattle$938,600
56Lake Forest$937,000
57San Luis Obispo$935,100
58Oakland$929,900
59Bothell$925,100
60Los Angeles$921,200
61Placentia$921,000
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Oakland ranks 37 of 820, highest first.

RankCityMedian home value as a multiple of median household income
34Torrance9.2x
35Long Beach9.2x
36National City9.2x
37Oakland9.2x
38Huntington Beach9.1x
39Daly City9.0x
40Alameda9.0x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Oakland ranks 740 of 823, highest first.

RankCityOccupied homes lived in by their owners
737Worcester42.8%
738Pasadena42.5%
739Dallas42.4%
740Oakland42.3%
741Tempe42.3%
742Flagstaff42.3%
743Kalamazoo42.3%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Oakland ranks 503 of 823, highest first.

RankCityHouseholds with a broadband subscription
500Billings91.6%
501St. Cloud91.6%
502Lancaster91.6%
503Oakland91.6%
504Waxahachie91.6%
505Pasadena91.6%
506Medford91.6%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Oakland ranks 247 of 823, highest first.

RankCityHouseholds with no internet access
244Hempstead6.4%
245Johnson City6.4%
246Little Rock6.4%
247Oakland6.4%
248Daytona Beach6.3%
249Des Moines6.3%
250Wichita6.3%
Source: U.S. Census Bureau · saved copy

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Sources

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