“Gentrification” is a loaded word. Some people see it as a takeover of hipsters and wealthier people in a once-poorer-but-proud neighborhood; others see it as a positive economic trend that can lift tax revenue and provide jobs for city residents.
Either way, RENTCafe.com recently measured home values, income and education levels within more than 11,000 Zip codes across the United States to find the ones that have changed the most since 2000.
Downtown Los Angeles’s 90014 tops the list of the 20 Zip codes where gentrification has occurred. Within this Zip code, home values rose by 707 percent from 2000 to 2016. Household incomes rose by 95 percent, and the share of residents with a bachelor’s degree rose by 857 percent.
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