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Alameda County, CA

RANK #112 / 1001 NAT  ·  #5 / 43 CA  ·  POP 1,649,473

1YR FORECAST: +1.6%

5YR OUTLOOK: +2%

Our model projects Alameda County's housing market to grow +1.6% over the next year, significantly outpacing the national average.

[01] Why Alameda County?

Alameda County, California, is often recognized for its diverse landscapes, stretching from the San Francisco Bay shoreline to rolling hills and vineyards. The city of Berkeley, home to the University of California, Berkeley, stands out for its academic environment and cultural scene. The county offers extensive outdoor recreation, with over 350 parks, including Redwood Regional Park and Lake Del Valle Regional Park, providing opportunities for hiking, biking, and water sports. Its mild Mediterranean climate allows for year-round enjoyment of these natural amenities. Commute options include BART, AC Transit buses, ACE Train, Amtrak, and ferry services connecting to San Francisco and other Bay Area locations.

Life in Alameda County offers a blend of urban and suburban experiences. The county is home to a diverse population, with various communities ranging from bustling Oakland to more suburban Pleasanton and Dublin. Families consider the local public and charter schools, such as Alameda High School and The Academy of Alameda, as important factors. The economy is influenced by its position in the Bay Area, with ongoing investment in sectors like advanced manufacturing and energy. The county also focuses on sustainable development and climate action initiatives.

MARKET PROFILE

Western Premium Correction

Alameda County is one of 78 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of -3.4% runs below the profile's typical -0.8%.

See all 78 Western Premium Correction counties →

[02] Market Snapshot

Housing Ratio
22.5x

Overvalued relative to economy

Home Prices
-3.4%

Prices declining

Climate & Terrain
5.1

Favorable climate & terrain

Price/Rent
31x

Speculative pricing

Housing looks overvalued at 22.5x — home prices are high relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Kaiser Permanente Healthcare
    10,000+
  2. 2
    County of Alameda Government
    5,000+
  3. 3
    Oakland Unified School District Education
  4. 4
    City of Oakland Government
    2,500+
  5. 5
    State of California Government
  6. 6
    Bay Area Rapid Transit (BART) Government
  7. 7
    Southwest Airlines Logistics
  8. 8
    Alameda Health System Healthcare
  9. 9
    Children's Hospital Oakland Healthcare
  10. 10
    Sutter Health Healthcare
    1,000+

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Alameda County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
1,649,473
-0.15% YoY
Median Household Income
$129,367
Median Home Value
$1,090,100
-3.4% 12mo
Median Rent
$2,357
Average Annual Pay
$101,951
+4.0% YoY
Employment
783,559
-0.9% YoY
Income-to-Home-Value
0.1187
Less affordable than average
Migration Inflow
3.43%
of pop. from another state
Bachelor's Degree+
52.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$1,225,000
Days on Market
17
Very hot — homes selling fast
Months of Supply
2.3
Seller's market
Sale-to-List Ratio
108.4%
Homes selling above asking
Sold Above List
63.6%
Listings w/ Price Drops
25.8%
Building Permits (2025)
2,778
Single-Family Permits
1,117

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
6.7
per 100K · nat avg 6.3
Firearm Fatalities
8.7
per 100K · nat avg 14.8
Injury Deaths
51.6
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B-
AIR QUALITY
GRADE
Median AQI (3yr)
50.0
Good
Good Air Days
49%
537 of 1,095 days
Unhealthy+ Days (3yr)
28
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
53
2022
49
2023
48
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$1,682M
TOTAL
PROJECT AMOUNT STATUS
Potentia-Viridi Battery Energy Storage System
Levy Alameda, LLC
$1,200M Proposed
Emerita Energy Storage
$206M Planned
Aramis Renewable Energy Project (Solar Farm)
Intersect Power
$100M Operating
Palmetto Energy Storage
$76M Planned
Arroyo Lago Residential Project
$50M Approved
Alameda Marina Project (Housing & Commercial)
$50M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth -0.1% 16 percentile
Income Growth +2.5% 42 percentile
Vacancy Rate 1.5% 18 percentile
Home Price Change -3.4% 3 percentile
Rent Growth +4.8% 76 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Alameda County, CA a good place to move to?

Alameda County ranks #112 out of 1001 U.S. counties on the Boom Town Index with a score of 89/100. The composite score reflects long-term strength — housing, income, and migration patterns — but near-term hiring is soft (employment is down 0.9% year-over-year). Median household income here is $129,367.

Is Alameda County affordable?

Affordability is a real challenge in Alameda County. The median home is valued at $1,090,100 — with an income-to-home-value ratio of just 0.12, that's significantly harder to afford than in most U.S. counties. Median rent runs $2,357/month.

Is Alameda County growing or shrinking?

Population and employment in Alameda County are both close to flat — population -0.1% YoY and jobs -0.9%. Home values shifted -3.4% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Alameda County?

There's a moderate stream of newcomers. About 3.43% of residents moved from another state, which is above average and suggests Alameda County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Madera County, CA 88 Placer County, CA 88 Fresno County, CA 88 Kings County, CA 88 Merced County, CA 88 Sutter County, CA 86 Clark County, NV 90 Orange County, FL 92