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Bakersfield named popular market for millennials

Bakersfield Sign
Posted at 10:03 AM, Apr 30, 2019
and last updated 2019-04-30 13:06:28-04

BAKERSFIELD, Calif. — Bakersfield has become one of the most popular areas for millennials, according to the National Association of Realtors.

In a new study, the association ranked Bakersfield as one of the top 10 places for millennials. The association says 28% of Bakersfield residents are millennials, and 67% of people moving to Bakersfield are millennials.

Millennials moving to Bakersfield have an average income of $37,000. According to the National Association of Realtors, millennials who recently moved to Bakersfield can afford to purchase almost 15% of homes currently listed for sale compared to 4% in Los Angeles.