Bridgewater, MA Real Estate
According to census data in the year 2000 there were 2,642 housing units in Bridgewater.
This represents a 3.5% growth from 2,552 in 1990.
Of those housing units, 2,642 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Bridgewater is about 40.3%.
Bridgewater's vacancy rate, including seasonal lodging, is about 3.3%.
Average household size is 2.1 people.
The majority of houses, apartments or condos in Bridgewater were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5.30% |
| One Bedroom | 25.30% |
| Two Bedrooms | 38% |
| Three Bedrooms | 22% |
| Four Bedrooms | 6.40% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.81 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $554 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.70% |
| Home Equity Loan | 2.50% |
| Simple Mortgage | 57.50% |
| Debt Free | 33.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
