Bakersfield, CA Real Estate
According to census data in the year 2000 there were 88,189 housing units in Bakersfield.
This represents a 33.3% growth from 66,175 in 1990.
Of those housing units, 87,125 were located in either urbanized areas or urban clusters, and 1,064 were located in what is classified as a rural area.
Homeownership rate in Bakersfield is about 60.4%.
Bakersfield's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.92 people.
The majority of houses, apartments or condos in Bakersfield were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5.20% |
| One Bedroom | 12.70% |
| Two Bedrooms | 25.30% |
| Three Bedrooms | 41.60% |
| Four Bedrooms | 13.80% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.05 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $106,500 |
| Median Price asked for vacant units | $88,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $448 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 14.10% |
| Home Equity Loan | 5.10% |
| Simple Mortgage | 62.80% |
| Debt Free | 17.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22% |
