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August 26, 2005
New report paints brighter picture of Oakland
The study from the nonprofit Social Compact used tax assessor data, credit reports and other methods to estimate population and household incomes in four areas: Fruitvale, East Oakland, West Oakland and Lower San Antonio. When researchers compared their so-called drill down methodology with statistics based on census data, they found nearly 11,000 more residents, or nearly 7 percent more people, than official government estimates. Social Compact found an even greater disparity in aggregate income in the four neighborhoods, which had a total buying power of nearly $2.8 billion in 2004 -- 17 percent more than estimates based on a 2004 census trend projection.
New report paints brighter picture of Oakland