Emerald Estates median real estate price is $531,681, which is less expensive than 80.5% of California neighborhoods and 32.7% of all U.S. neighborhoods.
The average rental price in Emerald Estates is currently $3,046, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 57.6% of California neighborhoods.
Emerald Estates is an urban neighborhood (based on population density) located in Bakersfield, California.
Emerald Estates real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Emerald Estates neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Emerald Estates, 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 Emerald Estates is very tight compared to the demand for property here.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Bakersfield, the Emerald Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 Emerald Estates 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, homes built from 2000 through today make up a higher proportion of the Emerald Estates neighborhood's real estate landscape than 97.9% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 84.2% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
Furthermore, one way that the Emerald Estates neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.4% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
While most Americans do drive to work alone each day, the Emerald Estates neighborhood stands out by having 90.8% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 97.9% of all American neighborhoods.
Astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 96.5% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Emerald Estates neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
In addition, if you're looking for a great spot to raise a family, then look no further than the Emerald Estates neighborhood. NeighborhoodScout's analysis found that the combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 10.2% of family-friendly neighborhoods across the state of California. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. In addition, families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools.
Did you know that the Emerald Estates neighborhood has more Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.7% of this neighborhood's residents have Arab ancestry.
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 Emerald Estates neighborhood in Bakersfield are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 89.5% of the neighborhoods in America. With 17.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.6% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Emerald Estates neighborhood, 40.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.2%), and 14.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Emerald Estates neighborhood is English, spoken by 82.5% of households. Some people also speak Spanish (13.9%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Emerald Estates neighborhood in Bakersfield, CA, residents most commonly identify their ethnicity or ancestry as Mexican (22.5%). There are also a number of people of German ancestry (15.7%), and residents who report English roots (11.3%), and some of the residents are also of Italian ancestry (8.4%), along with some Irish ancestry residents (5.2%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Emerald Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (57.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (90.8%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.