The typical owner-occupied home in Bridgeport is worth about $274,900, 25% below the Connecticut median of $366,900 and 17% below the national median of $332,700. Owners pay a median $6,496 a year in property taxes, about 2.36% of their home's value, higher than the Connecticut rate of 1.81%. The median household earns $58,685 a year, so the median home costs 4.7 times the median income (3.8 times for Connecticut). 43% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Bridgeport at a glance
| Bridgeport | Connecticut | U.S. | |
|---|---|---|---|
| Median home value | $274,900 | $366,900 | $332,700 |
| Median property tax paid per year | $6,496 | $6,643 | $3,119 |
| Property tax as a share of value | 2.36% | 1.81% | 0.94% |
| Median household income | $58,685 | $95,781 | $80,734 |
| Homes lived in by their owners | 43% | 66% | 65% |
| Owner homes with a mortgage | 59% | 65% | 61% |
| Median monthly costs, owners with a mortgage | $2,222 | $2,429 | $1,963 |
| Those costs as a share of the owners' income | 28.2% | 21.8% | 21.0% |
| Median rent | $1,450 | $1,488 | $1,413 |
| Rent as a share of renters' income | 35.7% | 31.4% | 30.6% |
| Median year homes were built | 1955 | 1967 | 1980 |
| Vacant homes | 5.5% | 7.0% | 10.1% |
| Population | 149,153 | 3,624,508 | 334,922,499 |
What a typical home costs per month in Bridgeport
At this week's average 30-year rate of 7.11%, buying the median Bridgeport home of $274,900 with 20% down costs about $2,135 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,593, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $91,483 for the 20%-down payment. That payment is 44% of the median Bridgeport household income of $58,685; at that income and 20% down, the 28% guideline points to a home of about $176,000.
The median rent here is $1,450 a month, so owning the median home costs about $685 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $54,980 |
|---|---|
| Loan amount | $219,920 |
| Principal and interest | $1,479 |
| Property taxes (2.36% a year) | $541 |
| Homeowners insurance (our estimate, 0.5% a year) | $115 |
| PMI | $0 |
| Total per month | $2,135 |
Change the numbers in the calculator
| Down payment | $9,622 |
|---|---|
| Loan amount | $269,921 |
| Principal and interest | $1,816 |
| Property taxes (2.36% a year) | $541 |
| Homeowners insurance (our estimate, 0.5% a year) | $115 |
| FHA mortgage insurance | $122 |
| Total per month | $2,593 |
Change the numbers in the calculator
Questions about home buying in Bridgeport
What is the median home value in Bridgeport?
About $274,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Bridgeport?
Homeowners pay a median $6,496 a year, which is about 2.36% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Bridgeport?
For the median home with 20% down at 7.11%, the payment is about $2,135 a month. Keeping that under 28% of gross income takes about $91,483 a year.
More about Bridgeport
- Mortgage Refinance in Bridgeport
- Debt Relief in Bridgeport
- Home Equity Loans in Bridgeport
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data