Rio Bravo median real estate price is $499,878, which is less expensive than 82.0% of California neighborhoods and 35.1% of all U.S. neighborhoods.
The average rental price in Rio Bravo is currently $2,130, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.9% of California neighborhoods.
Rio Bravo is a remote neighborhood (based on population density) located in Bakersfield, California.
Rio Bravo real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Rio Bravo neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Rio Bravo are 4.1%, which is lower than one will find in 72.8% of American neighborhoods. Demand for real estate in Rio Bravo is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Rio Bravo neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the Rio Bravo neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, if you're nearing retirement age, or in retirement, the Rio Bravo is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 5.7% of retiree-friendly neighborhoods in California, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in California.
Owner-occupied real estate dominates the Rio Bravo neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 97.2% of neighborhoods in America.
In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Rio Bravo neighborhood. A whopping 72.7% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 96.3% of the neighborhoods in the U.S. Everything here just feels new.
Did you know that the Rio Bravo neighborhood has more Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.5% of this neighborhood's residents have Yugoslav ancestry.
Rio Bravo is also pretty special linguistically. Significantly, 2.7% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 95.2% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Rio Bravo 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 74.1% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Rio Bravo neighborhood, 58.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 22.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.7%), and 7.7% in manufacturing and laborer occupations.
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 Rio Bravo neighborhood is English, spoken by 77.4% of households. Other important languages spoken here include Spanish and Tagalog (the first language of the Philippine region).
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 Rio Bravo neighborhood in Bakersfield, CA, residents most commonly identify their ethnicity or ancestry as German (14.0%). There are also a number of people of Mexican ancestry (14.0%), and residents who report English roots (11.1%), and some of the residents are also of Asian ancestry (8.7%), along with some Irish ancestry residents (6.0%), among others. In addition, 15.2% of the residents of this neighborhood were born in another country.
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 Rio Bravo neighborhood spend between 15 and 30 minutes commuting one-way to work (63.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (70.3%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.