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Real Estate Prices & Overview

Homaker Park West median real estate price is $111,706, which is less expensive than 99.5% of California neighborhoods and 93.9% of all U.S. neighborhoods.

The average rental price in Homaker Park West is currently $1,490, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.8% of California neighborhoods.

Homaker Park West is a densely urban neighborhood (based on population density) located in Bakersfield, California.

Homaker Park West real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Homaker Park West neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Real estate vacancies in Homaker Park West are 4.8%, which is lower than one will find in 67.9% of American neighborhoods. Demand for real estate in Homaker Park West is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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 Homaker Park West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Single parenting is hard. But you don't have to tell the Homaker Park West neighborhood about it; they already know. 27.0% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.2% 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, the Homaker Park West neighborhood stands out for having an average per capita income lower than 95.1% of the neighborhoods in the United States.

Also, neighborhoodScout's exclusive research revealed that 92.9% of the adult residents in the Homaker Park West neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.1% of the neighborhoods in America.

Real Estate

84.4% of the real estate in the Homaker Park West neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Diversity

Did you know that the Homaker Park West neighborhood has more Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.4% of this neighborhood's residents have Puerto Rican ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Homaker Park West 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 95.1% of U.S. neighborhoods. With 51.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.5% 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 Homaker Park West neighborhood, 39.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.4%), and 17.1% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Homaker Park West neighborhood is English, spoken by 63.4% of households. Other important languages spoken here include Spanish and Italian.

Ethnicity / Ancestry

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 Homaker Park West neighborhood in Bakersfield, CA, residents most commonly identify their ethnicity or ancestry as Mexican (39.2%). There are also a number of people of Puerto Rican ancestry (11.4%), and residents who report German roots (5.5%), and some of the residents are also of Dutch ancestry (2.5%), along with some Irish ancestry residents (1.8%), among others.

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 Homaker Park West neighborhood spend between 15 and 30 minutes commuting one-way to work (50.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (66.3%) 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 (21.2%) . 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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