Living in Bridgewater, Maine
Cost of living, income, home prices, rent and demographics of Bridgewater · Census data 2020–2024
Bridgewater has 484 residents with a median age of 48.8. The median household income is $65,417 (12% lower than the Maine median), the median home value is $154,900, the median rent is $768/month.
Bridgewater is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Bridgewater at a glance
- Population
- 484
- Median age
- 48.8State: 44.8
- Median household income
- $65,417State: $74,733
- Median home value
- $154,900State: $296,600
- Median rent
- $768/moState: $1,139
- Homeowners
- 84.7%
- Bachelor's degree or higher
- 18.8%
- Average commute
- 22 min
Is Bridgewater a good place to live?
Pros: Home values 48% lower than the state median; an average commute of 22 minutes.
Cons: Median household income 12% lower than the Maine median; unemployment of 6.9%; a poverty rate of 12%.
The weather is best in June to September.
Cost of living in Bridgewater
Housing is the biggest part of the cost of living. In Bridgewater the median home value is $154,900, 53% lower than the U.S. median. Renters pay a median of $768 per month, which is 18.6% of household income. Homeowners with a mortgage pay $1,167 a month in housing costs.
Bridgewater median household income
The median household income in Bridgewater is $65,417 and the income per person is $34,881. 12% of residents live below the poverty line (Maine: 10.7%).
Housing in Bridgewater: homes for sale and rent
- Housing units
- 342
- Owner-occupied
- 84.7%
- Renter-occupied
- 15.3%
- Vacant
- 31.3%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.06
31.3% of homes are vacant most of the year, a sign that Bridgewater has many vacation and second homes.
Bridgewater demographics
- Population
- 484
- Median age
- 48.8
- Under 18
- 17.1%
- 65 and older
- 27.5%
- Households
- 235
- Foreign-born
- 3.1%
- Veterans
- 12.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Bridgewater ›
Education in Bridgewater
18.8% of adults 25 and older in Bridgewater have a bachelor's degree or higher (Maine: 36.2%), and 5.9% have a graduate or professional degree.
Jobs and commute in Bridgewater
- Unemployment rate
- 6.9%State: 3.8%
- Average commute
- 22 minState: 25 min
- Work from home
- 7.5%
- Drive alone
- 81.6%
- Public transit
- 3%
- Walk to work
- 0%
- Homes with broadband
- 78.3%
Bridgewater vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bridgewater | 484 | $65,417 | $154,900 | $768 |
| Blaine | 706 | $80,707 | — | $691 |
| Monticello | 674 | $51,875 | $125,800 | $833 |
| Westfield | 389 | $52,917 | $134,400 | $950 |
| Mars Hill | 1,398 | $65,273 | $163,600 | $488 |
| Littleton | 887 | $74,219 | $159,800 | — |
| Easton | 1,433 | $53,309 | $163,800 | $510 |
| Chapman | 388 | $93,125 | $185,700 | — |
| Ludlow | 444 | $62,500 | $133,900 | $988 |
More for people moving to Bridgewater
Bridgewater ZIP code ›Weather and climate ›Living in Bridgewater: FAQ
What is the median household income in Bridgewater, ME?
The median household income in Bridgewater is $65,417, 12% lower than the Maine median of $74,733 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Bridgewater?
The median home value in Bridgewater is $154,900, compared with $296,600 in Maine.
How much is rent in Bridgewater?
The median gross rent in Bridgewater is $768 per month, about 18.6% of household income.
Is Bridgewater, ME a good place to live?
Pluses: home values 48% lower than the state median; an average commute of 22 minutes. Minuses: median household income 12% lower than the Maine median; unemployment of 6.9%; a poverty rate of 12%.
What is the median age in Bridgewater?
The median age in Bridgewater is 48.8 years (Maine: 44.8).
How long is the commute in Bridgewater?
The average commute to work in Bridgewater is 22 minutes; 7.5% of workers work from home.
What is the unemployment rate in Bridgewater?
The unemployment rate in Bridgewater is 6.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bridgewater?
18.8% of adults in Bridgewater have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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