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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

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Bakersfield, the Lotus Ln / Nina St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

92.9% of the real estate in the Lotus Ln / Nina St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. With a real estate vacancy rate of only 0.0%, the Lotus Ln / Nina St neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

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

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Lotus Ln / Nina St neighborhood. 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.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

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

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

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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