Bakersfield, MO
Population 246 · Missouri
About Bakersfield, MO
Bakersfield is a small community located in Missouri with a population of 246 residents according to the latest US Census Bureau American Community Survey data. The median household income is $36,951 per year, which is 51% below the national median of $75,149. The median age of 47.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Bakersfield features a median home value of $87,700, which is 64% below the national median of $244,900. This makes Bakersfield one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,188, 2% above the national average of $1,163/month. Of the 151 total housing units, 87% are owner-occupied (99 units) and 13% are renter-occupied (15 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bakersfield shows an unemployment rate of 13.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 40.2%, above the national average of 12.4%. Workers in Bakersfield have an average one-way commute time of 24 minutes.
Education & Demographics
8.3% of Bakersfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Bakersfield, MO
Compared to national averages, Bakersfield has a median household income of $36,951 (51% below the national median of $75,149). Home values average $87,700, which is 64% below the national median. Monthly rent at $1,188 is 2% above the US average of $1,163. Within Missouri, Bakersfield's income is 39% below the state average of $61,047, and home values are 42% below the state median of $150,786.
Why Live in Bakersfield, MO?
Bakersfield offers affordable housing with a median home value of $87,700, below the US average of $244,900, and short commute times averaging just 24 minutes.
Potential considerations include median household income ($36,951) that falls below the national average. However, Bakersfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bakersfield has a population of 246 with a median age of 47.1 years. Compare Bakersfield with other cities to see how it stacks up, or explore all cities in Missouri.
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Demographics
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Economy & Education
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Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Bakersfield
What is the population of Bakersfield, MO?
The population of Bakersfield, MO is 246 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Missouri.
What is the median household income in Bakersfield?
The median household income in Bakersfield, MO is $36,951 per year, which is 51% below the national median of $75,149.
What is the median home value in Bakersfield?
The median home value in Bakersfield, MO is $87,700, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bakersfield?
The median monthly rent in Bakersfield, MO is $1,188, which is 2% above the national average of $1,163/month.
What is the unemployment rate in Bakersfield?
The unemployment rate in Bakersfield, MO is 13.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bakersfield, MO a good place to live?
Bakersfield offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 246 and a median age of 47.1, the city appeals to established professionals and retirees.
How educated is Bakersfield, MO?
8.3% of residents in Bakersfield aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Bakersfield?
Key cost-of-living indicators for Bakersfield, MO: median home value is $87,700 (64% below national), median rent is $1,188/month, and median household income is $36,951. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bakersfield?
The poverty rate in Bakersfield, MO is 40.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Bakersfield, MO?
Bakersfield's population is 0.0% White, 0.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.