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Real Estate Prices & Overview

Greenacres median real estate price is $390,936, which is less expensive than 88.8% of California neighborhoods and 43.6% of all U.S. neighborhoods.

The average rental price in Greenacres is currently $2,088, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.2% of California neighborhoods.

Greenacres is a suburban neighborhood (based on population density) located in Bakersfield, California.

Greenacres real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Greenacres neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 6.6% in Greenacres. NeighborhoodScout analysis shows that this rate is lower than 56.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Modes of Transportation

While most Americans do drive to work alone each day, the Greenacres neighborhood stands out by having 90.2% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 96.7% of all American neighborhoods.

Diversity

Did you know that the Greenacres neighborhood has more Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Greek ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Greenacres neighborhood in Bakersfield are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 61.6% of the neighborhoods in America. In addition, 0.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 80.3% of America'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 Greenacres neighborhood, 43.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 20.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.6%), and 16.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Greenacres neighborhood is English, spoken by 71.8% of households. Some people also speak Spanish (20.4%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Greenacres neighborhood in Bakersfield, CA, residents most commonly identify their ethnicity or ancestry as Mexican (41.3%). There are also a number of people of Asian ancestry (8.3%), and residents who report English roots (7.2%), and some of the residents are also of Irish ancestry (4.8%), along with some German ancestry residents (4.5%), among others. In addition, 13.3% 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 Greenacres neighborhood spend between 15 and 30 minutes commuting one-way to work (56.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (90.2%) drive alone in a private automobile to get to work. 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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