Bridgewater, VA Real Estate
According to census data in the year 2000 there were 1,847 housing units in Bridgewater.
This represents a 36.1% growth from 1,357 in 1990.
Of those housing units, 1,826 were located in either urbanized areas or urban clusters, and 21 were located in what is classified as a rural area.
Homeownership rate in Bridgewater is about 62.6%.
Bridgewater's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Bridgewater were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 7.60% |
| Two Bedrooms | 30.30% |
| Three Bedrooms | 42.90% |
| Four Bedrooms | 16.30% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $126,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $653 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.40% |
| Home Equity Loan | 9.80% |
| Simple Mortgage | 49.20% |
| Debt Free | 36.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.4% |
