Bakersfield, VT
Population 377 · Vermont
About Bakersfield, VT
Bakersfield is a small community located in Vermont with a population of 377 residents according to the latest US Census Bureau American Community Survey data. The median household income is $88,438 per year, which is 18% above the national median of $75,149. The median age of 47.6 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 $224,400, which is 8% below the national median of $244,900. This positions Bakersfield in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 148 total housing units, 98% are owner-occupied (145 units) and 2% are renter-occupied (3 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bakersfield shows an unemployment rate of 11.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 1.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bakersfield have an average one-way commute time of 29.7 minutes.
Education & Demographics
35.7% of Bakersfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 1.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Bakersfield Ranks in Vermont
Cost of Living in Bakersfield, VT
Compared to national averages, Bakersfield has a median household income of $88,438 (18% above the national median of $75,149). Home values average $224,400, which is 8% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Vermont, Bakersfield's income is 21% above the state average of $72,974, and home values are 12% below the state median of $255,863.
Why Live in Bakersfield, VT?
Bakersfield offers a strong local economy with a median household income of $88,438, well above the national average, and affordable housing with a median home value of $224,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a well-educated community where 35.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.9%, better than the national average.
Bakersfield has a population of 377 with a median age of 47.6 years. Compare Bakersfield with other cities to see how it stacks up, or explore all cities in Vermont.
Similar Cities Near Bakersfield
Cities in Vermont with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Newbury | 381 | $62,679 | $261,000 | Compare |
| Wilmington | 370 | $54,861 | $290,400 | Compare |
| East Middlebury | 390 | $86,326 | $219,700 | Compare |
| Graniteville | 362 | $36,349 | $140,900 | Compare |
| Putney | 394 | $63,750 | $262,900 | Compare |
| Danville | 359 | $0 | $252,900 | Compare |
| Dorset | 349 | $148,385 | $482,400 | Compare |
| North Hartland | 406 | $76,333 | $359,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Vermont
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Bakersfield With Other Cities
Frequently Asked Questions about Bakersfield
What is the population of Bakersfield, VT?
The population of Bakersfield, VT is 377 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Vermont.
What is the median household income in Bakersfield?
The median household income in Bakersfield, VT is $88,438 per year, which is 18% above the national median of $75,149.
What is the median home value in Bakersfield?
The median home value in Bakersfield, VT is $224,400, which is 8% 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, VT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Bakersfield?
The unemployment rate in Bakersfield, VT is 11.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bakersfield, VT a good place to live?
Bakersfield offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 377 and a median age of 47.6, the city appeals to established professionals and retirees.
How educated is Bakersfield, VT?
35.7% of residents in Bakersfield aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Bakersfield?
Key cost-of-living indicators for Bakersfield, VT: median home value is $224,400 (8% below national), median rent is $0/month, and median household income is $88,438. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bakersfield?
The poverty rate in Bakersfield, VT is 1.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bakersfield, VT?
Bakersfield's population is 0.0% White, 1.3% 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.