Bridgeport, MI Real Estate
According to census data in the year 2000 there were 3,134 housing units in Bridgeport.
This represents a 3.1% decline from 3,233 in 1990.
Of those housing units, 2,717 were located in either urbanized areas or urban clusters, and 417 were located in what is classified as a rural area.
Homeownership rate in Bridgeport is about 72%.
Bridgeport's vacancy rate, including seasonal lodging, is about 3.6%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Bridgeport were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 8.70% |
| Two Bedrooms | 27.70% |
| Three Bedrooms | 48.20% |
| Four Bedrooms | 12.40% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $72,000 |
| Median Price asked for vacant units | $48,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $505 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4% |
| Home Equity Loan | 12.50% |
| Simple Mortgage | 52.30% |
| Debt Free | 31.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
