What is the Best Neighborhoods USA ranking for Homaker Park?
Homaker Park is ranked #63 of 63 eligible neighborhoods in Bakersfield; #1,810 of 1,814 eligible neighborhoods in CA; and #14,872 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Homaker Park
Bakersfield, CA | Kern County
Scored premium profile
Best Neighborhoods USA Index
14.4
Stability and Strength
11.9
Value Opportunity
16.6
Momentum
15.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Bakersfield, CA |
| County | Kern County |
| National rank | #14,872 of 14,967 |
| State rank | #1,810 of 1,814 |
| City rank | #63 of 63 |
| County rank | #64 of 64 |
| National percentile | 0.6 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $197,973 |
| Year-over-year home value change | -3.9% |
| Month-over-month home value change | -0.20% |
| Home value to income ratio | 8.53 |
| Median household income | $23,219 |
| Bachelor's degree or higher | 9.2% |
| Civilian unemployment rate | 8.7% |
| Homeownership rate | 23.8% |
| Housing vacancy rate | 10.5% |
| Rent burden 30% or higher | 70.3% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Homaker Park
Is Homaker Park one of the best neighborhoods in Bakersfield?
Homaker Park has a Best Neighborhoods USA Index of 14.4 and a city ranking of #63 of 63 eligible neighborhoods in Bakersfield.
How much are homes worth in Homaker Park?
The current Zillow Home Value Index for Homaker Park is approximately $197,973.
Are home values rising or falling in Homaker Park?
Zillow neighborhood values changed -3.9% year over year and -0.20% month over month.
What is the Neighborhood Momentum Score for Homaker Park?
Homaker Park has a Neighborhood Momentum Score of 15.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Homaker Park?
The NDS-derived neighborhood median household income is approximately $23,219.
How affordable is Homaker Park relative to household income?
The current Zillow home-value-to-household-income ratio is 8.53. Price-to-income affordability is a major Value Opportunity input.
Is Homaker Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 23.8%.
What is the unemployment rate in Homaker Park?
The NDS-derived civilian unemployment rate is approximately 8.7%.
How educated are residents of Homaker Park?
Approximately 9.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Homaker Park face high rent burden?
Approximately 70.3% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Homaker Park?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications69
Estimated originations28
Home-purchase applications50
Origination rate40.2%
Home-purchase share72.2%
Average application loan$218,563
Total application loan amount$15,029,603
National application rank#5,893 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 41.5% YoY; originations 42.1% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.