As a speculative venture, the old and very rich Bank of California purchased a huge tract of land in every County of California. The arid, barren land around Kerman seemed to be a good venture, so that happened to be the allotment for Fresno County.
After the death of its promoter, the bank became insolvent and its property was liquidated. The property here attracted the attention of two Los Angeles capitalists, William G. Kerckoff and Jacob Mansar, who saw a chance to purchase a plentiful water supply from the newly constructed Enterprise Canal, which had its source in the Kings River. The men combined the first three letters of each of their names and christened the area "Kerman."
There were 2,389 households out of which 51.8% had children under the age of 18 living with them, 61.4% were married couples living together, 15.2% had a female householder with no husband present, and 16.5% were non-families. 13.8% of all households were made up of individuals and 7.3% had someone living alone who was 65 years of age or older. The average household size was 3.57 and the average family size was 4.5 In the city the population was spread out with 35.3% under the age of 18, 11.4% from 18 to 24, 28.7% from 25 to 44, 16.5% from 45 to 64, and 8.1% who were 65 years of age or older. The median age was 27 years. For every 100 females there were 97.9 males. For every 100 females age 18 and over, there were 97.9 males.
The median income for a household in the city was $31,188, and the median income for a family was $34,120. Males had a median income of $29,120 versus $21,906 for females. The per capita income for the city was $11,495. About 19.1% of families and 20.2% of the population were below the poverty line, including 25.1% of those under age 18 and 6.3% of those age 65 or over.
Events in Kerman include the Harvest Festival in September, the Fireworks Show at Kerman High School in July, and the Christmas Parade in December.