Home/Connecticut/Greater Bridgeport Planning Region

Greater Bridgeport Planning Region Housing Market

Connecticut · 9 counties · Ranked #2908 in home value

Above National Avg

Housing at a Glance

Median Home Value

$397,000

vs national+$397,000 vs $281,900 national

Median Gross Rent

$1,482/mo

vs national+$1,482 vs $1,163 national

Effective Tax Rate

2.15%

vs national+2.15% vs 1.02% national

Median Household Income

$87,135

vs national+$87,135 vs $74,755 national

Affordability Ratio

4.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

34.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$8,550

Tax as % of Home Value

2.15%

Monthly Owner Cost

$2,158

Renter Income

$44,552

Frequently Asked Questions

What is the median home value in Greater Bridgeport Planning Region?
The median home value in Greater Bridgeport Planning Region is $397,000. This is above the national median of $281,900.
How much is rent in Greater Bridgeport Planning Region?
The median gross rent in Greater Bridgeport Planning Region is $1,482 per month.
What is the property tax rate in Greater Bridgeport Planning Region?
The effective property tax rate in Greater Bridgeport Planning Region is 2.15%. The median annual property tax bill is $8,550.
Is Greater Bridgeport Planning Region affordable?
With a home-value-to-income ratio of 4.6x, Greater Bridgeport Planning Region is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.