Home Affordability in 93301
Bakersfield, CA — Kern County
The median home price in ZIP code 93301 (Bakersfield) is $325,000 with a median household income of $52,000. The price-to-income ratio is 6.3x.
Median Home Price
$325,000
Median Income
$52,000
Price-to-Income
6.3x
Est. Affordable Home
$202,000
Property Tax Rate
0.80%
Annual Property Tax
$2,600
Cost of Living
98
Metro Area
Bakersfield MSA
Down Payment Scenarios for ZIP 93301
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $9,750 | $315,250 | Yes |
| 5% | $16,250 | $308,750 | Yes |
| 10% | $32,500 | $292,500 | Yes |
| 20% | $65,000 | $260,000 | No |
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