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Demographics
Population
Median Income
Racial Distributions
Oak Tree, a neighborhood in Oakland, California, is categorized as a "Majority-Minority" community with a "Hispanic Majority." As of 2022, Hispanic residents constitute 57% of the population. The neighborhood has experienced economic growth over the past decade, with median income increasing from $30,855 in 2013 to $47,017 in 2022. Oak Tree is known for its cultural mix and is home to the Fruitvale Public Market.
Over the past decade, Oak Tree has maintained its status as a "Majority-Minority" community, with the Hispanic population forming the largest ethnic group. The Hispanic population has remained dominant, fluctuating between 54% and 60% throughout the decade. The Asian population has shown a gradual increase from 17% in 2013 to 20% in 2022. The Black population has shown variability, ranging from 11% to 20% over the years. The White population has remained a consistent minority, between 5% and 10% throughout the decade.
The neighborhood has experienced significant economic growth over the past decade. From 2013 to 2022, the median income increased by about 52%, from $30,855 to $47,017. The population has fluctuated, dropping from 5,614 in 2010 to 4,367 in 2013, before increasing to 5,144 in 2022. The increasing diversity, particularly the growth in the Asian population, correlates with the rising median income.
Oak Tree's demographic and economic trends reflect broader patterns seen in many urban areas across the United States. The trend towards greater diversity in Oak Tree mirrors national trends of increasing racial and ethnic diversity in urban areas. The significant increase in median income aligns with the economic recovery and growth seen in many U.S. cities following the 2008 recession. The rising incomes and changing demographics could potentially indicate early stages of gentrification. While Oak Tree maintains a Hispanic majority, it's part of a broader trend of growing Hispanic populations in many U.S. cities, particularly in California and the Southwest.
Oak Tree presents a picture of a diverse, evolving urban neighborhood. Its stable Hispanic majority, coupled with increasing diversity and rising incomes, suggests a community in transition. These changes likely affect local businesses, community dynamics, and housing affordability. As Oak Tree continues to evolve, maintaining its cultural heritage while accommodating new residents and economic growth will be key to its future development.