Bakersfield, CA · California

Kern County

ZIP 93283

910,433 residents2,951 permits TTM$67,660 median HHI47 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$310,600

ACS 5-Year

Cap rate proxy

4.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

21.6%

HUD FMR ÷ ACS HHI

Net migration

+1.15%

IRS SOI

Permits (TTM)

2,951

Census BPS

Climate risk

98.9

FEMA NRI (0–100)

ZIP 93283

Median home value

Gross yield

Cap rate

7.3%

Rent gap

Affordability

P/I: 2.9R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown47 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
935169.4%
932057.9%
932687.7%
932837.3%
935237.1%

Ranked by composite score

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Demographics

Owner-occupied

59.8%

Census ACS

Vacancy rate

7.6%

Census ACS

Bachelor's degree +

18.6%

Census ACS

Rent burdened

52.0%

Census ACS (>30% income)

Median age

32.4

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026