The reason why housing is much more affordable in Bakersfield than in any other area is that the city does not have the same income earning potential as surrounding areas. In turn, the housing demand is not as strong hence the prices are lower.
Is Bakersfield a nice place to live?
The annual report is based on the quality of life, desirability, job market, value and housing. BAKERSFIELD, Calif. — The U.S. News World Report’s has just released its top places to live in 2019 — and Bakersfield made the cut.
Is Bakersfield a cheap place to live?
Bakersfield is more affordable than most other parts of California. Purchasing a home in Bakersfield will cost much less than in Los Angeles.
Is Bakersfield a good place to invest?
Known as the West Coast capital of country music, Bakersfield is otherwise a low-profile city in the Kern County. Since it has more culture than ever before, its student population is thriving, which makes it a great place for investing in commercial properties.
Is Bakersfield a rich area?
Considered by many as the most affluent neighborhood in the city, Olde Stockdale has the highest median household income compared to all other neighborhoods in Bakersfield. With a population of only 2,500 people, this area remains small and tight-knit.
Is Bakersfield toxic?
High Levels Of Chromium 6 In Bakersfield Drinking Water
Chromium 6 (also known as hexavalent chromium) is a highly toxic metal that is not regulated by the EPA. In recent years, tap water in Bakersfield has averaged 587 parts per trillion for chromium 6.
What is Bakersfield known for?
Once known for oil and agriculture, Bakersfield is morphing into a Central Valley hub for arts, culture, and sports, while still offering a glimpse of the region’s past. One fascinating historical site worth a visit is Colonel Allensworth State Historic Park, 45 miles/72 kilometers north of town.
What city in California is affordable?
Bakersfield is arguably the cheapest city to live in California, with many neighborhoods having available housing stock under $200,000.
How affordable is Bakersfield?
Bakersfield’s housing expenses are 11% lower than the national average and the utility prices are 36% higher than the national average. Transportation expenses like bus fares and gas prices are 17% higher than the national average. Bakersfield has grocery prices that are 11% higher than the national average.
What is the cheapest place to live in California?
Here are the 5 most affordable cities in California:
- Oxnard.
- Ventura.
- Simi Valley.
- Vacaville.
- Camarillo.
How healthy is Bakersfield real estate?
Bakersfield Home Appreciation Rates
Bakersfield real estate appreciated 150.36% over the last ten years, which is an average annual home appreciation rate of 9.61%, putting Bakersfield in the top 10% nationally for real estate appreciation.
Is Bakersfield real estate going up?
Bakersfield Real Estate Market Forecast 2022
From 2019 to 2020, home prices were up by almost 11%. This year has been sizzling hot for sellers as over the past year alone the Bakersfield home values have gone up 23.8% and will continue to rise in 2022. The typical home value of homes in Bakersfield Metro is $306,573.
How much does it cost to build a house in Bakersfield CA?
between $350,000 and $400,000
The average cost to build a house in Bakersfield is between $350,000 and $400,000. The cost can be higher or lower depending on a number of factors: The type of house and where’s it built (on-site vs.
Is Bakersfield a safe community?
Bakersfield has a bad reputation for being a dangerous city. With a current crime rate of 47 per every 1,000 residents, Bakersfield is considered to have one of the highest crime rates in the United States in comparison to other cities of the same size. The violent crime rate is currently one in every 21 residents.
Who is the richest person in Bakersfield CA?
Buck Owens
Buck Owens is the richest person in Bakersfield — so reports Worth magazine in its March 2002 profile of the 100 richest people in America’s 100 largest cities.
Which part of Bakersfield is safe?
A central hub for management professionals, doctors, salespeople, and other business-related fields, Seven Oaks is rated as the safest neighborhood in Bakersfield, providing comfortable living and plenty of convenient amenities close by.
What is the smell in Bakersfield?
Oil fields make up most of the view from the top of the bluffs, and the scent of petroleum is often detectable around the city. Dairies populated by hundreds of thousands of cows are scattered throughout the region, and their smell, too, is hard to miss.
Is Bakersfield the armpit of California?
Bakersfield is the armpit of California (and possibly America). TRUE, though I’m sure there are a few cities or states in the Union that could give it a run on a national arm pit level.
Why is Bakersfield so smoggy?
Bakersfield’s high air pollution levels owe to the area’s high-emission industries (such as agriculture and fossil-fuel based energy production), growing residential emissions, and its geographic and climatic conditions, which cause polluted air to become trapped in the valley.
Is Bakersfield considered desert?
The region is divided into two parts, with the Sacramento Valley in the north featuring a warm Mediterranean climate, and the San Joaquin Valley in the south, where Bakersfield is located, offering a dry, desert-like climate.
How popular is Bakersfield California?
53nd largest city by population in the U.S. (larger than Honolulu, St. Louis, or Pittsburgh). 9th largest city by population in CA (ranked between Oakland and Anaheim). Home of the “Bakersfield Sound,” the distinct genre of country music made popular by Buck Owens, Merle Haggard, Billy Mize and others.
