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Real Estate Prices & Overview

Miller St / Lake St median real estate price is $320,280, which is less expensive than 93.5% of California neighborhoods and 53.8% of all U.S. neighborhoods.

The average rental price in Miller St / Lake St is currently $1,356, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.0% of California neighborhoods.

Miller St / Lake St is a densely urban neighborhood (based on population density) located in Bakersfield, California.

Miller St / Lake St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Miller St / Lake St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Miller St / Lake St has a 13.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 Miller St / Lake St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Miller St / Lake St neighborhood is unique for having just 0.0% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 100.0% of America's neighborhoods.

In addition, single parenting is hard. But you don't have to tell the Miller St / Lake St neighborhood about it; they already know. 39.0% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.9% 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.

Also, the Miller St / Lake St neighborhood stands out for having an average per capita income lower than 97.6% of the neighborhoods in the United States. The Miller St / Lake St neighborhood also has a greater percentage of children living in poverty (61.5%) than found in 97.2% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Miller St / Lake St neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 32.1% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.9% of U.S. neighborhoods.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 4.8% of residents in the Miller St / Lake St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.0% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Real Estate

Renter-occupied real estate is dominant in the Miller St / Lake St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 88.1%, which is higher than 96.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Diversity

Did you know that the Miller St / Lake St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 89.7% of this neighborhood's residents have Mexican ancestry.

Miller St / Lake St is also pretty special linguistically. Significantly, 73.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.9% of all U.S. neighborhoods.

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 Miller St / Lake St 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 97.6% of U.S. neighborhoods. With 61.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.2% 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 Miller St / Lake St neighborhood, 32.1% of the working population is employed in farming, forestry, or commercial fishing. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.8%), and 9.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Miller St / Lake St neighborhood is Spanish, spoken by 73.7% of households. Some people also speak English (26.3%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Miller St / Lake St neighborhood in Bakersfield, CA, residents most commonly identify their ethnicity or ancestry as Mexican (89.7%). There are also a number of people of Puerto Rican ancestry (3.0%), and residents who report German roots (1.5%), and some of the residents are also of Spanish ancestry (1.1%). In addition, 22.3% of the residents of this neighborhood were born in another country.

Getting to Work

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 Miller St / Lake St neighborhood spend between 15 and 30 minutes commuting one-way to work (81.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.2%) 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 (11.7%) . 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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