Oakland is a major hub for upwardly mobile young people? (Los Angeles: low income, rental homes)

[18Montclair]

Very interesting data from the Census Bureau and Zumper

50 Largest US Cities by Median Household Income Under Age 25 and( Median Monthly Rent, 2Bd Apt):
$75,770 Oakland, CA($2,860)
$69,592 San Francisco, CA($4,790)
$52,331 San Jose, CA($3,000)
$49,446 Seattle, WA($2,410)
$45,713 Nashville, TN($1,400)
$43,042 San Diego, CA($2,450)
$41,808 Denver, CO($2,000)
$40,050 Virginia Beach, VA($1,210)
$39,142 Colorado Springs, CO($1,190)
$38,893 Raleigh, NC($1,250)
$38,533 Boston, MA($2,900)
$38,449 Washington, DC($2,910)
$38,374 New York, NY($3,440)
$37,923 Atlanta, GA($1,780)
$36,275 Dallas, TX($1,710)
$36,166 Phoenix, AZ($1,260)
$34,908 Minneapolis, MN($1,810)
$34,154 Los Angeles, CA($3,150)
$33,504 Miami, FL($2,300)
$33,325 Omaha, NE($1,020)
$32,772 Tampa, FL($1,300)
$32,367 Kansas City, MO($1,100)
$32,252 Columbus, OH($1,130)
$31,897 Chicago, IL($1,790)
$31,736 Oklahoma City, OK($890)
$31,709 Mesa, AZ($1,160)
$31,704 El Paso, TX($770)
$31,692 Jacksonville, FL($1,050)
$31,385 Houston, TX($1,350)
$31,140 Fort Worth, TX($1,370)
$31,107 Louisville, KY($990)
$30,982 Las Vegas, NV($1,210)
$29,995 Austin, TX($1,530)
$29,372 Charlotte, NC($1,430)
$29,045 Fresno, CA($1,150)
$28,585 Portland, OR($1,780)
$27,777 Indianapolis, IN($850)
$26,386 Arlington, TX($1,120)
$26,265 Memphis, TN($820)
$25,821 Sacramento, CA($1,490)
$25,423 Tulsa, OK($810)
$24,645 Albuquerque, NM($890)
$24,117 San Antonio, TX($1,140)
$22,338 Baltimore, MD($1,480)
$22,238 Long Beach, CA($1,439)
$21,841 Milwaukee, WI($1,070)
$21,008 Tucson, AZ($880)
$20,008 Detroit, MI($720)
$19,767 New Orleans, LA($1,610)
$18,036 Philadelphia, PA($1,700)

50 Largest US Cities by Median Household Income Under Age 25, Minus 12-months Median Rent:
$41,450 Oakland, CA
$28,793 Nashville, TN
$25,530 Virginia Beach, VA
$24,862 Colorado Springs, CO
$23,893 Raleigh, NC
$22,464 El Paso, TX
$21,085 Omaha, NE
$21,056 Oklahoma City, OK
$21,046 Phoenix, AZ
$20,526 Seattle, WA
$19,227 Louisville, KY
$19,167 Kansas City, MO
$19,092 Jacksonville, FL
$18,692 Columbus, OH
$17,808 Denver, CO
$17,789 Mesa, AZ
$17,577 Indianapolis, IN
$17,172 Tampa, FL
$16,563 Atlanta, GA
$16,462 Las Vegas, NV
$16,425 Memphis, TN
$16,331 San Jose, CA
$15,755 Dallas, TX
$15,703 Tulsa, OK
$15,245 Fresno, CA
$15,185 Houston, TX
$14,700 Fort Worth, TX
$13,965 Albuquerque, NM
$13,642 San Diego, CA
$13,188 Minneapolis, MN
$12,946 Arlington, TX
$12,212 Charlotte, NC
$12,112 San Francisco, CA
$11,635 Austin, TX
$11,368 Detroit, MI
$10,448 Tucson, AZ
$10,437 San Antonio, TX
$10,417 Chicago, IL
$9,001 Milwaukee, WI
$7,941 Sacramento, CA
$7,225 Portland, OR
$5,904 Miami, FL
$5,015 Long Beach, CA
$4,578 Baltimore, MD
$3,733 Boston, MA
$3,529 Washington, DC
$447 New Orleans, LA
-$2,364 Philadelphia, PA
-$2,906 New York, NY
-$3,646 Los Angeles, CA

[dcisive]

I realize all too well that there are a number of different areas that comprise Oakland. But I have to say for myself it's FAR too close to some of the worst degradation of drugs and gangs. I'd prefer to be as far from that as can be. I can't imagine being at a higher income level and wanting to be in even less than driving distance from all that garbage.

[18Montclair]

Originally Posted by dcisive

I realize all too well that there are a number of different areas that comprise Oakland. But I have to say for myself it's FAR too close to some of the worst degradation of drugs and gangs. I'd prefer to be as far from that as can be. I can't imagine being at a higher income level and wanting to be in even less than driving distance from all that garbage.

As opposed to where though?

If a high income urbanite wants to be near a real downtown, or refurbished warehouses, old factories turned into lofts, live-work coops, and near high concentrations of hipsters, artists, musicians and writers-they probably arent going to find that in Pleasanton or Mountain View, right?

Berkeley could work too but Oakland has such a buzz these days.

[NoMoreSnowForMe]

Median income or rent data is kind of worthless. If a number is lower than another metro area, it might just mean that there is more of a disparity - some super low income areas, maybe some super high rent districts. I just don't think these numbers mean anything significant in and of themselves.

[Ultrarunner]

Every home that is selling around here is going to a "Young" professional couple often priced out of SF.

Several areas where I managed rental homes... Laurel, Diamond, etc... tenants are being replaced by home owners and it along with it investment in upgrades... and it is not so much tenants being asked to leave but more when a single family rental becomes vacant the owners are selling...

Some of my older physician friends are having a hard time understanding their college grad offspring growing up in Orinda, Alamo, Danville and Pleasanton choose to settle in Oakland... a place where many "Escaped" in the 1960's... their words.

I met the 29 year old daughter of one... she works in tech in SF... her mother grew up in Rockridge and the family sold the home when Grandma passed in 1973... they were just happy it sold... she grew up in Orinda and her dream is to buy Grandma's home back but it is out of the question price wise...