Bridgewater, NY
Population 507 · New York
About Bridgewater, NY
Bridgewater is a small community located in New York with a population of 507 residents according to the latest US Census Bureau American Community Survey data. The median household income is $35,755 per year, which is 52% below the national median of $75,149. The median age of 31 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Bridgewater features a median home value of $0, which is 100% below the national median of $244,900. This makes Bridgewater one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $721, 38% below the national average of $1,163/month. Of the 254 total housing units, 65% are owner-occupied (148 units) and 35% are renter-occupied (79 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Bridgewater shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 34.7%, above the national average of 12.4%. Workers in Bridgewater have an average one-way commute time of 27.5 minutes.
Education & Demographics
1.9% of Bridgewater residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 10.5% Asian residents, with 0.0% of the population being foreign-born.
How Bridgewater Ranks in New York
Cost of Living in Bridgewater, NY
Compared to national averages, Bridgewater has a median household income of $35,755 (52% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $721 is 38% below the US average of $1,163. Within New York, Bridgewater's income is 63% below the state average of $96,987, and home values are 100% below the state median of $387,181.
Why Live in Bridgewater, NY?
Bridgewater offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $721/month, and a strong job market with an unemployment rate of just 1.0%.
Potential considerations include median household income ($35,755) that falls below the national average. However, Bridgewater’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bridgewater has a population of 507 with a median age of 31 years. Compare Bridgewater with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Bridgewater
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Kauneonga Lake | 507 | $170,524 | $0 | Compare |
| Cadyville | 509 | $82,250 | $198,000 | Compare |
| Schenevus | 505 | $65,417 | $118,500 | Compare |
| Lakeville | 511 | $90,716 | $0 | Compare |
| DeKalb Junction | 512 | $0 | $74,200 | Compare |
| Shoreham | 502 | $138,125 | $639,300 | Compare |
| Cayuga | 513 | $95,089 | $142,000 | Compare |
| Cassadaga | 515 | $70,357 | $113,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Bridgewater With Other Cities
Frequently Asked Questions about Bridgewater
What is the population of Bridgewater, NY?
The population of Bridgewater, NY is 507 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New York.
What is the median household income in Bridgewater?
The median household income in Bridgewater, NY is $35,755 per year, which is 52% below the national median of $75,149.
What is the median home value in Bridgewater?
The median home value in Bridgewater, NY is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bridgewater?
The median monthly rent in Bridgewater, NY is $721, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Bridgewater?
The unemployment rate in Bridgewater, NY is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Bridgewater, NY a good place to live?
Bridgewater offers a moderate cost of living, affordable housing, and a strong job market. With a population of 507 and a median age of 31, the city appeals to young professionals and families.
How educated is Bridgewater, NY?
1.9% of residents in Bridgewater aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Bridgewater?
Key cost-of-living indicators for Bridgewater, NY: median home value is $0 (100% below national), median rent is $721/month, and median household income is $35,755. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bridgewater?
The poverty rate in Bridgewater, NY is 34.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Bridgewater, NY?
Bridgewater's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 10.5% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.