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Bridgewater

Learn about the people, housing, costs and businesses in Bridgewater, Iowa

Median Home$159,500
Median Rent$900/month
Population156
Leading IndustriesTransportation · Construction · Agriculture & Mining8% transportation
Home Value Growth⬆⬆⬆+27.0% over 2 years
Young Adults27% of residentsnear the national average
Homeowners80% of occupied units
Bridgewater
IA

Frequently Asked Questions

What are today's mortgage rates in Bridgewater?

As of today, the 30-year fixed mortgage rate for Bridgewater is approximately 6.936% (6.973% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Bridgewater?

The median home value in Bridgewater is $160k. The median monthly rent is $900. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bridgewater?

Home values in Bridgewater have increased 27.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Bridgewater?

Based on a typical all-in ownership cost of $748/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bridgewater is $82k/year.

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What industries drive the economy in Bridgewater?

The largest employment sectors in Bridgewater are agriculture and mining (24%) and construction (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.