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Real Estate Prices & Overview

Cottonwood median real estate price is $797,347, which is more expensive than 45.3% of the neighborhoods in California and 81.4% of the neighborhoods in the U.S.

The average rental price in Cottonwood is currently $1,372, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.2% of California neighborhoods.

Cottonwood is a rural neighborhood (based on population density) located in Bakersfield, California.

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

Home and apartment vacancy rates are 7.9% in Cottonwood. NeighborhoodScout analysis shows that this rate is lower than 48.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Cottonwood neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Single parenting is hard. But you don't have to tell the Cottonwood neighborhood about it; they already know. 32.3% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.7% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, the Cottonwood neighborhood has a greater percentage of children living in poverty (54.1%) than found in 95.4% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

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 Cottonwood neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 14.9% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.4% of U.S. neighborhoods.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Cottonwood neighborhood. A whopping 67.0% 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 95.2% of the neighborhoods in the U.S. Everything here just feels new.

Diversity

Did you know that the Cottonwood neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 66.1% of this neighborhood's residents have Mexican ancestry.

Cottonwood is also pretty special linguistically. Significantly, 56.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.0% of all U.S. neighborhoods.

The Neighbors

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 Cottonwood neighborhood in Bakersfield are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.3% of U.S. neighborhoods. With 54.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.4% 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 Cottonwood neighborhood, 32.0% of the working population is employed in manufacturing and laborer 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 27.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.4%), and 14.9% in farming, forestry, or commercial fishing.

Languages

The most common language spoken in the Cottonwood neighborhood is Spanish, spoken by 56.6% of households. Some people also speak English (43.4%).

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 Cottonwood neighborhood in Bakersfield, CA, residents most commonly identify their ethnicity or ancestry as Mexican (66.1%). There are also a number of people of German ancestry (2.3%), and residents who report English roots (1.3%). In addition, 19.8% 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 Cottonwood neighborhood spend between 15 and 30 minutes commuting one-way to work (41.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.2%) 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 (8.6%) . 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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