The typical owner-occupied home in Bridgeport is worth about $233,800, 49% below the New Jersey median of $454,400 and 30% below the national median of $332,700. Owners pay a median $5,982 a year in property taxes, about 2.56% of their home's value, higher than the New Jersey rate of 2.11%. The median household earns $156,583 a year, so the median home costs 1.5 times the median income (4.4 times for New Jersey). 100% of occupied homes here are lived in by their owners, and 82% of those owners still have a mortgage.
Bridgeport at a glance
| Bridgeport | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $233,800 | $454,400 | $332,700 |
| Median property tax paid per year | $5,982 | $9,590 | $3,119 |
| Property tax as a share of value | 2.56% | 2.11% | 0.94% |
| Median household income | $156,583 | $103,556 | $80,734 |
| Homes lived in by their owners | 100% | 64% | 65% |
| Owner homes with a mortgage | 82% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $2,027 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 19.7% | 22.9% | 21.0% |
| Median rent | – | $1,720 | $1,413 |
| Median year homes were built | 1957 | 1970 | 1980 |
| Vacant homes | 0.0% | 7.5% | 10.1% |
| Population | 228 | 9,343,809 | 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 $233,800 with 20% down costs about $1,854 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,244, 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 $79,475 for the 20%-down payment. That payment is 14% of the median Bridgeport household income of $156,583; at that income and 20% down, the 28% guideline points to a home of about $461,000.
| Down payment | $46,760 |
|---|---|
| Loan amount | $187,040 |
| Principal and interest | $1,258 |
| Property taxes (2.56% a year) | $499 |
| Homeowners insurance (our estimate, 0.5% a year) | $97 |
| PMI | $0 |
| Total per month | $1,854 |
Change the numbers in the calculator
| Down payment | $8,183 |
|---|---|
| Loan amount | $229,565 |
| Principal and interest | $1,544 |
| Property taxes (2.56% a year) | $499 |
| Homeowners insurance (our estimate, 0.5% a year) | $97 |
| FHA mortgage insurance | $103 |
| Total per month | $2,244 |
Change the numbers in the calculator
Questions about home buying in Bridgeport
What is the median home value in Bridgeport?
About $233,800 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 $5,982 a year, which is about 2.56% 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 $1,854 a month. Keeping that under 28% of gross income takes about $79,475 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