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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