Oakland is a city in California state in USA with a population of 422575 residents.. The poverty rate of Oakland is 14.6%, which is 4% higher than national average. The typical household in Oakland earns $80143 a year, compared to the national median of $67,500. Nearly 33.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Oakland, only 84% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Oakland remained 6%, which is 28% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Oakland, only 46% of adults have a bachelor's degree and 22% have some college but no degree.

Cost of living in Oakland is 157, which is 57% higher than national average. Median home value in Oakland is $730000 , which is 218% higher than national average. While median income in Oakland remained $80143, which is 19% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.