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Real Estate Prices & Overview

Kentucky St / Baker St median real estate price is $343,971, which is less expensive than 93.4% of California neighborhoods and 52.8% of all U.S. neighborhoods.

The average rental price in Kentucky St / Baker St is currently $1,429, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.6% of California neighborhoods.

Kentucky St / Baker St is an urban neighborhood (based on population density) located in Bakersfield, California.

Kentucky St / Baker St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Kentucky St / Baker St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Kentucky St / Baker St, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Kentucky St / Baker St is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

84.5% of the real estate in the Kentucky St / Baker St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Kentucky St / Baker St neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Kentucky St / Baker St neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 45.9% of the real estate here is made up of such dwellings, which is higher than 98.0% of all U.S. neighborhoods.

Furthermore, the Kentucky St / Baker St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 88.7% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Kentucky St / Baker St neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 30.2% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.9% of U.S. neighborhoods.

Furthermore, more people work in manufacturing and as laborers here in the Kentucky St / Baker St neighborhood than in 96.1% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

People

Single parenting is hard. But you don't have to tell the Kentucky St / Baker St neighborhood about it; they already know. 33.7% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.8% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, one of the unique characteristics of the Kentucky St / Baker St neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.5% of the neighborhoods in America. Also of note, 82.8% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Also, the Kentucky St / Baker St neighborhood is unique for having just 4.4% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.6% of America's neighborhoods.

Modes of Transportation

In the Kentucky St / Baker St neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 28.6% of commuters carpool here, which is more than in 98.5% of all U.S. neighborhoods.

Diversity

Did you know that the Kentucky St / Baker St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 58.9% of this neighborhood's residents have Mexican ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Kentucky St / Baker St neighborhood in Bakersfield are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.5% of U.S. neighborhoods. With 82.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.5% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Kentucky St / Baker St neighborhood, 43.2% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is farming, forestry, or commercial fishing, with 30.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.1%), and 6.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the Kentucky St / Baker St neighborhood is Spanish, spoken by 51.9% of households. Some people also speak English (46.9%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Kentucky St / Baker St neighborhood in Bakersfield, CA, residents most commonly identify their ethnicity or ancestry as Mexican (58.9%). There are also a number of people of Italian ancestry (6.3%), and residents who report English roots (1.6%), and some of the residents are also of German ancestry (1.1%), along with some Irish ancestry residents (1.1%), among others. In addition, 19.2% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Kentucky St / Baker St neighborhood spend between 15 and 30 minutes commuting one-way to work (45.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (69.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (28.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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