Masterpiece Estates, a neighborhood in Bakersfield, California, exhibits a demographic composition categorized as "White Majority" as of 2022, with 53% of the population identifying as white. The neighborhood has a median income of $111,726. Over the past decade, Masterpiece Estates has experienced significant changes in its racial composition. In 2013, the neighborhood was classified as "Low Diversity" with whites comprising 72% of the population. By 2020, it transitioned to "Moderate Diversity" status, with the white population decreasing to 49% and increases in Asian and Hispanic populations.

The most significant change occurred between 2019 and 2020, with the Asian population increasing from 8% to 18%. The Hispanic population grew from 14% in 2013 to 28% in 2022. These trends suggest Masterpiece Estates may become a "Majority-Minority" community if current patterns continue. The demographic shifts have coincided with fluctuations in median income. The neighborhood maintained a high median income throughout the decade, peaking at $143,130 in 2017. A notable decrease in median income to $113,664 occurred in 2020, coinciding with the most significant increase in diversity.

Despite fluctuations, the median income has remained consistently high, indicating Masterpiece Estates continues to attract affluent residents across various racial groups. The demographic changes in Masterpiece Estates align with broader trends seen in many suburban areas across the United States. The increasing diversity, particularly the growth in Asian and Hispanic populations, reflects national demographic shifts. However, the neighborhood's consistently high median income distinguishes it from many areas experiencing similar demographic changes.