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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 Type0.80%
One Bedroom7.60%
Two Bedrooms30.30%
Three Bedrooms42.90%
Four Bedrooms16.30%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1977
Median Value of occupied units$126,300

Rented Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1980
Median Monthly Rent asked for vacant units$653

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.40%
Home Equity Loan9.80%
Simple Mortgage49.20%
Debt Free36.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.4%