What is the Best Neighborhoods USA ranking for Masterpiece Estates?
Masterpiece Estates is ranked #31 of 63 eligible neighborhoods in Bakersfield; #819 of 1,814 eligible neighborhoods in CA; and #7,136 of 14,967 eligible neighborhoods in the United States.
Is Masterpiece Estates one of the best neighborhoods in Bakersfield?
Masterpiece Estates has a Best Neighborhoods USA Index of 51.4 and a city ranking of #31 of 63 eligible neighborhoods in Bakersfield.
How much are homes worth in Masterpiece Estates?
The current Zillow Home Value Index for Masterpiece Estates is approximately $741,097.
Are home values rising or falling in Masterpiece Estates?
Zillow neighborhood values changed 0.8% year over year and 0.21% month over month.
What is the Neighborhood Momentum Score for Masterpiece Estates?
Masterpiece Estates has a Neighborhood Momentum Score of 56.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Masterpiece Estates?
The NDS-derived neighborhood median household income is approximately $123,066.
How affordable is Masterpiece Estates relative to household income?
The current Zillow home-value-to-household-income ratio is 6.02. Price-to-income affordability is a major Value Opportunity input.
Is Masterpiece Estates primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 67.6%.
What is the unemployment rate in Masterpiece Estates?
The NDS-derived civilian unemployment rate is approximately 12.2%.
How educated are residents of Masterpiece Estates?
Approximately 45.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Masterpiece Estates face high rent burden?
Approximately 48.9% 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 Masterpiece Estates?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.