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Lake Bridgeport

Learn about the people, housing, costs and businesses in Lake Bridgeport, Texas

Median Home$179,500
Median Rent$1,384/month
Population385
Leading IndustriesEducation · Healthcare · Transportation11% education
Home Value Growth⬆⬆+11.8% over 2 years
Retirees28% of residentswell above average
Homeowners76% of occupied units
NotableHighly Educated29% hold a bachelor's degree · top 10% nationally
Lake Bridgeport
TX

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Lake Bridgeport?

As of today, the 30-year fixed mortgage rate for Lake Bridgeport is approximately 6.870% (6.905% 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 Lake Bridgeport?

The median home value in Lake Bridgeport is $180k. The median monthly rent is $1,384. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Bridgeport?

Home values in Lake Bridgeport have increased 11.8% 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 Lake Bridgeport?

Based on a typical all-in ownership cost of $1,130/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Bridgeport is $76k/year.

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What industries drive the economy in Lake Bridgeport?

The largest employment sectors in Lake Bridgeport are healthcare (17%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.