Cost of Living in Greater Bridgeport Planning Region, Connecticut
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Greater Bridgeport Planning Region Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Greater Bridgeport Planning Region ranks #3,011 of 3,142 counties for affordability (bottom 4%)
Sourced county brief
Greater Bridgeport Planning Region Median Home Value is $428,800
The median home value in the Greater Bridgeport Planning Region was estimated at $428,800. This value is higher than the state unweighted county mean of $380,278. For renter-occupied households, the median gross rent as a percentage of household income (GRAPI) was 34.8%. This official estimate is 4.1 percentage points above the state unweighted county mean GRAPI of 30.7%. Renter households in the region had a median income of $46,805, while the median gross rent was $1,546 per month. Among homeowners, the median monthly owner cost was $2,182, which is $262 higher than the unweighted state county mean of $1,920. These metrics provide a standard snapshot of regional costs without indicating future trends. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Greater Bridgeport Planning Region
Affordability Verdict
ACS B25071 estimates median gross rent at 34.8% of renter household income in Greater Bridgeport Planning Region, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,546 per month; median selected monthly owner costs are $2,182. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $61,840 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Connecticut unweighted mean of county median rents is $1,454 per month. Greater Bridgeport Planning Region's $1,546 median is 6.3% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Greater Bridgeport Planning Region
Rent Burden
20.7%
of gross income
Max Housing (28% Rule)
$2,092
per month
Owner Cost Burden
29.2%
of gross income
The median home in Greater Bridgeport Planning Region may be a stretch
Median home value is $428,800. Estimated monthly cost: $3,423 vs. your max of $2,092.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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