Cost of Living,
Bakersfield's Real Estate Market
Bakersfield Metro Area
Profile: Mid-sized city Location: South-central California, at the southern end of the Central Valley Elevation: 492 Time zone: Pacific Standard Time
|Cost of living||Air quality|
|Low rainfall||High unemployment|
|Mild winters||Summer heat|
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Bakersfield is a quiet agricultural and industrial town located in one of the driest inhabited areas of California. Irrigated agriculture, mostly cotton, orchard crops and grapes lies to the north, and a large oil industry supported by nearby fields operates in and around the city. There isn’t much to do. But the area is becoming a refuge for southern Californians looking to escape the high costs and bustle of the LA Basin, which starts about 80 miles and across a mountain range south. The area is also picking up businesses looking for an inexpensive location with southern California access; thus the economy is improving after years of malaise. But those moving in will need to trust their air conditioners: Summer heat can be relentless with temperatures frequently 105[dg] F to 110[dg] F. Air quality can be a problem in the deep valley. The downtown is plain and uninteresting, although there are some new buildings and a new riverfront park. The nicer neighborhoods lie west towards the Cal State Bakersfield campus, and some new retail and housing development, is coming in especially west of town. Some recreation is available in the southern Sierra Nevada just to the east and north, and downtown Los Angeles is about 2 hours away.
Bakersfield is partially surrounded by a horseshoe-shaped rim of mountains with an open side to the northwest and the crest at an average distance of 40 miles. The valley and surrounding hills are dry grassland with some desert plants; oak-studded grassland becomes more prevalent in the foothills. Climate is Mediterranean semiarid with hot, dry summers and mild winters. Summers are cloudless with 100[dg] F readings and very low humidity. Winters are mild but fairly humid with frequent fog that usually burns off but can last for weeks.
Interesting Facts about Bakersfield, California
As of 2014, Bakersfield's population is 347,091 people. Since 2000, it has had a population growth of 25.93 percent.--------------------
The median home cost in Bakersfield is $182,900. Home appreciation the last year has been 15.70 percent.--------------------
Compared to the rest of the country, Bakersfield's cost of living is 4.00% Higher than the U.S. average.--------------------
Bakersfield public schools spend $11,294 per student. The average school expenditure in the U.S. is $12,435. There are about 20.6 students per teacher in Bakersfield.--------------------
The unemployment rate in Bakersfield is 7.90 percent(U.S. avg. is 6.30%). Recent job growth is Negative. Bakersfield jobs have Decreased by 0.24 percent.
Ranked #13 Best Cities for Teleworking - Small Metro Areas
Ranked #26 Drought-Riskiest Cities
Ranked #34 America's Most (and Least) Stressful Cities (100 Largest Metro Areas)
Ranked #37 America's Best and Worst Cities for Crime (Large Metro Areas)
Ranked #73 High Gas Prices - Which Cities are Hit the Hardest?
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Average Commute time is 23 minutes. The National Average is 25 minutes.--------------------
Bakersfield's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes