Kern County
California ยท Pop. 909,235
Ranked #62 of 200 counties
48Moderate
Median Home Price
๐$320K
2.5% YoY
Median Rent
๐$1,200
Median Income
๐ฐ$52K
Rent Burden
๐31.0%
% of income to rent
Housing Shortage
๐๏ธ35,000
estimated unit deficit
Building Permits (2024)
๐5,200
Price-to-Income Ratio
โ๏ธ6.2x
Homeownership Rate
๐ก56.0%
How Kern County Compares
| Metric | Kern County | California | National |
|---|---|---|---|
| Home Price | $320K | $726K | $410K |
| Rent | $1,200 | $1,992 | $1,500 |
| Income | $52K | $96K | $75K |
| Rent Burden | 31.0% | 40.5% | 30.0% |
| Homeownership | 56.0% | 56.0% | 65.0% |
Key Takeaways
- โข Home prices are 22% below the national average.
- โข Rent is 20% below the national average.
- โข The county has an estimated housing shortage of 35,000 units.
- โข 5,200 building permits were issued in 2024.
- โข Year-over-year home prices changed by 2.5%.