It is the smallest borough of Oslo, but compared to its relatively small size, it has a noteworthy population by Norwegian standards.

Today the old factories are filled by modern industries, in large parts with media, information technology (IT) and graphical businesses.

The esteemed Soria Moria building from 1928 houses theatre, cinemas, restaurants and other cultural events and offerings.

The borough council consisted of 5 representatives for the Socialist Left, 4 for Labour, 2 each for Conservatives and Progress and 1 each for the Red Electoral Alliance and the Liberals.

In the 2007 borough election Labour became the largest party, with 5 representatives, the Socialist Left and the Conservatives both getting 3 seats, the Liberals 2 and Progress and the Red Electoral Alliance 1 each.

Skeid is traditionally a Torshov team with a good reputation of producing successful talents to Norwegian football.

In 1902, three years after the Sagene Line had opened, Kristiania Kommunale Sporveie built one hall unit for the tramway.