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Cost of Living in Bridgewater Town, MA

Population 28,471 · Census ACS 2020–2024 5-year estimates

Median rent$2,092
Median home value$533,100
Median household income$112,651

The median rent in Bridgewater Town, MA is $2,092/month, 19% higher than the Massachusetts median and 48% higher than the U.S. median. The median home value is $533,100, 60% higher than the national median. Households earn a median of $112,651 a year, 8% higher than the state median.

Affordability

Rent as a share of median income: 22.3%
Income needed for median rent (30% rule): $83,680/yr
Home price-to-income ratio: 4.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,696/mo

Run your own numbers: mortgage calculator · hourly to salary

Bridgewater Town vs. Massachusetts vs. U.S.

Bridgewater TownMassachusettsU.S.
Median rent$2,092$1,762$1,413
Median home value$533,100$562,100$332,700
Median household income$112,651$103,960$80,734
Homeownership rate75.6%62.5%65.2%
Bachelor's degree or higher39.5%47.3%35.7%
Poverty rate4.8%10.0%12.5%
Unemployment rate4.7%5.2%5.2%
Work from home12.7%18.6%15.1%
Median age37.640.038.9

FAQ

What is the average rent in Bridgewater Town, MA?

The median gross rent in Bridgewater Town, MA is $2,092 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Bridgewater Town, MA?

Using the common 30% rule, renting a median-priced home takes about $83,680 a year in gross income.

Is Bridgewater Town, MA expensive to live in?

Rent there is 48% higher than the U.S. median, and the median home costs about 4.7 times the median household income.

Other cities in Massachusetts

Boston, MARent $2,147 · Income $97,344Worcester, MARent $1,487 · Income $70,102Springfield, MARent $1,144 · Income $52,656Cambridge, MARent $2,787 · Income $130,748Lowell, MARent $1,625 · Income $78,658Brockton, MARent $1,641 · Income $80,115

Cities with a similar cost of living

South Hill, WARent $2,088 · Income $113,130Lincoln, CARent $2,090 · Income $111,990Peachtree City, GARent $2,086 · Income $113,987Gaithersburg, MDRent $2,058 · Income $112,467Shirley, NYRent $2,056 · Income $112,788Central Islip, NYRent $2,071 · Income $113,707

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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