Bridgeport, CT
Fairfield County · Pop. 148,529
Ranked #146 of 243 cities
36Crisis
Median Home Price
🏠$280K
3.5% YoY
Median Rent
🔑$1,450
3.0% YoY
Median Income
💰$45K
Rent Burden
📊36.0%
% of income to rent
Income to Buy
🏦$81K
annual income needed
Income to Rent
📝$58K
annual income needed
Price-to-Income
⚖️6.2x
Homeownership
🏡38.0%
Rent vs. Buy
Buy
$1,490/mo
Est. mortgage (7%, 20% down)
Need $81K/yr income
Rent
$1,450/mo
Median rent
Need $58K/yr income
How Bridgeport Compares
| Metric | Bridgeport | Connecticut | National |
|---|---|---|---|
| Home Price | $280K | $368K | $410K |
| Rent | $1,450 | $1,463 | $1,500 |
| Income | $45K | $92K | $75K |
| Rent Burden | 36.0% | 33.0% | 30.0% |
Key Takeaways
- • Home prices in Bridgeport are 32% lower than the national average.
- • Rent is 3% lower than the national average.
- • You need an income of $81K to comfortably buy a home here.
- • The homeownership rate is 38.0%, compared to 65.0% nationally.