household income

HOUSTON—Gentrification is a topic of conversation lately, sparking strong reactions and heated debates in cities and communities across the nation. But which areas have been most affected by it since the turn of the millennium?

To answer this question, RentCafe reviewed Census data from 2000 and 2016 in 11,000 US ZIP codes to look at the changes that took place in a decade and a half. The gentrification coefficient that provided the final ranking is a simple average of the ZIP codes ranks in the three categories of median home value, median household income and the population that holds bachelors or higher degrees.

More than half of the top 20 fastest-gentrifying ZIP codes are on the East Coast, four in Texas, three on the West Coast and one in the Midwest. Not surprising is the LA ZIP code, 90014, taking the gentrified cake with a staggering 707% increase in median home value and a 95% change in median household income from 2000 to 2016, followed by Washington DC's 20001 ZIP code. Houston's ZIP code, 77003, grabs third place with a whopping 284% boost in home value, as well as a 71% increase in median household income.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.