What is the Best Neighborhoods USA ranking for Fairway Oaks?
Fairway Oaks is ranked #22 of 63 eligible neighborhoods in Bakersfield; #657 of 1,814 eligible neighborhoods in CA; and #5,928 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Fairway Oaks
Bakersfield, CA | Kern County
Scored premium profile
Best Neighborhoods USA Index
54.5
Stability and Strength
59.5
Value Opportunity
60.8
Momentum
37.8
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 | #5,928 of 14,967 |
| State rank | #657 of 1,814 |
| City rank | #22 of 63 |
| County rank | #22 of 64 |
| National percentile | 60.4 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $482,942 |
| Year-over-year home value change | -0.6% |
| Month-over-month home value change | -0.07% |
| Home value to income ratio | 4.20 |
| Median household income | $114,923 |
| Bachelor's degree or higher | 35.6% |
| Civilian unemployment rate | 4.1% |
| Homeownership rate | 74.4% |
| Housing vacancy rate | 9.8% |
| Rent burden 30% or higher | 49.0% |
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 Fairway Oaks
Is Fairway Oaks one of the best neighborhoods in Bakersfield?
Fairway Oaks has a Best Neighborhoods USA Index of 54.5 and a city ranking of #22 of 63 eligible neighborhoods in Bakersfield.
How much are homes worth in Fairway Oaks?
The current Zillow Home Value Index for Fairway Oaks is approximately $482,942.
Are home values rising or falling in Fairway Oaks?
Zillow neighborhood values changed -0.6% year over year and -0.07% month over month.
What is the Neighborhood Momentum Score for Fairway Oaks?
Fairway Oaks has a Neighborhood Momentum Score of 37.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Fairway Oaks?
The NDS-derived neighborhood median household income is approximately $114,923.
How affordable is Fairway Oaks relative to household income?
The current Zillow home-value-to-household-income ratio is 4.20. Price-to-income affordability is a major Value Opportunity input.
Is Fairway Oaks primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 74.4%.
What is the unemployment rate in Fairway Oaks?
The NDS-derived civilian unemployment rate is approximately 4.1%.
How educated are residents of Fairway Oaks?
Approximately 35.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Fairway Oaks face high rent burden?
Approximately 49.0% 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 Fairway Oaks?
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 applications41
Estimated originations23
Home-purchase applications17
Origination rate56.4%
Home-purchase share40.4%
Average application loan$278,536
Total application loan amount$11,379,746
National application rank#8,061 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 50.1% YoY; originations 40.3% 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.