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I used to live in the inner richmond district and would sometimes wander out into the outer richmond. There are a couple of express buses that run from the outer richmond directly into the financial district. I'm not sure how crowded, but unless you are near one of the last stops, you will be probably get a seat. Expect a 30-45 minute commute door to door.
The neighborhood is pretty quiet. You can easily walk or bike to Golden Gate Park, the presidio or ocean beach. This area of the city gets lots of fog but on the rare clear sunny days its beautiful. There are some interesting local bars and restaurants and shops on Balboa, Geary and Clement streets.
Ethnic wise, the mix is primarily asian and caucasian.
Now if you want a little less fog, more restaurants, and more activity in general, I'd suggest the inner richmond district.
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