Bridgewater, MA
Maps & Population Facts
Population
27,434
Population Density
1,007
Labor Participaton
67.6%
Bachelor's or Higher
33.4%
Median Household Income
$88,640
Median Individual Income
$28,378
Median Individual Income(Full-time Workers Only)
$56,719
Housing Estimates
Median House Value
$338,000
Median Gross Rent
$1,385
Median Mortgage Payment
$2,065
Housing Units
8,435
People who reside in Bridgewater live in:
Detached - Single Family Homes
64%
Apt, Condo, Other
36%
Analysis
Income
Households in Bridgewater earn significantly more money than the national median income, averaging 47% higher per household.
Housing
Bridgewater has a median house price of $338,000. The cost of homeownership is higher than most areas. The cost of renting in Bridgewater is 37% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 12% |
Demographics
The median age in Bridgewater is 35. Bridgewater has a population that is younger than in comparison to the US median age.
Bridgewater ranks better than average for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
| Bridgewater | Massachusetts | USA | |
| Median Property Value | 338,000 | 385,400 | 217,600 |
| Median Mortgage Payment | 2,065 | 2,108 | 1,513 |
| Median Gross Rent | 1,385 | 1,208 | 1,012 |
| Property Vacancy | 6.4% | 10.0% | 12.6% |
| % Renters | 26% | 38% | 36% |
| Residents per Sq. Mi. | 1,007 | 885 | 93 |
Personal Comparison
| Bridgewater | Massachusetts | USA | |
| Median Household Income | 88,640 | 77,385 | 60,336 |
| Median Individual Income | 28,378 | 41,700 | 33,646 |
| Median Income (Full-Time) | 56,719 | 60,923 | 46,881 |
| Median Age | 35.0 | 39.5 | 38.1 |
| Labor Participation | 67.6% | 67.8% | 62.8% |
| Attained College Degree | 33.4% | 43.4% | 32.0% |
Population Density Analysis
Bridgewater, MA
1,007
Residents per Sq. Mile
The population density of Bridgewater is comparable to that of a Suburban Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +