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Real Estate Prices & Overview

Lotus Ln / Nina St median real estate price is $346,717, which is less expensive than 93.8% of California neighborhoods and 54.3% of all U.S. neighborhoods.

The average rental price in Lotus Ln / Nina St is currently $1,415, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.7% of California neighborhoods.

Lotus Ln / Nina St is an urban neighborhood (based on population density) located in Bakersfield, California.

Lotus Ln / Nina St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lotus Ln / Nina St neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Lotus Ln / Nina St, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Lotus Ln / Nina St is very tight compared to the demand for property here.

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.

Real Estate

Renter-occupied real estate is dominant in the Lotus Ln / Nina St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 92.9%, which is higher than 97.6% 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. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Lotus Ln / Nina St neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, the real estate in the Lotus Ln / Nina St neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 70.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.1% of American neighborhoods.

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 Lotus Ln / Nina St neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 20.9% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.7% of U.S. neighborhoods.

Furthermore, there are more people living in the Lotus Ln / Nina St neighborhood employed as sales and service workers (52.4%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Lotus Ln / Nina St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 18.7% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.4% of all neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Lotus Ln / Nina St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 100.0% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

Diversity

Did you know that the Lotus Ln / Nina St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 79.8% of this neighborhood's residents have Mexican ancestry.

Lotus Ln / Nina St is also pretty special linguistically. Significantly, 4.8% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.

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 Lotus Ln / Nina St neighborhood in Bakersfield are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.1% of U.S. neighborhoods. With 10.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.8% 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 Lotus Ln / Nina St neighborhood, 47.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is farming, forestry, or commercial fishing, with 20.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.5%), and 10.3% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Lotus Ln / Nina St neighborhood is Spanish, spoken by 82.3% of households. Other important languages spoken here include English and Mon-Khmer (the dominant language of Cambodia).

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 Lotus Ln / Nina St neighborhood in Bakersfield, CA, residents most commonly identify their ethnicity or ancestry as Mexican (79.8%). There are also a number of people of Asian ancestry (3.5%), and residents who report Puerto Rican roots (2.8%). In addition, 41.8% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Lotus Ln / Nina St neighborhood spend between 15 and 30 minutes commuting one-way to work (52.1% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (18.7%) who commute over an hour in each direction.

Here most residents (86.8%) 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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