Bridgewater, VA
Population 6,650 · Virginia
About Bridgewater, VA
Bridgewater is a small town located in Virginia with a population of 6,650 residents according to the latest US Census Bureau American Community Survey data. The median household income is $81,012 per year, which is 8% above the national median of $75,149. The median age of 31.9 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 $372,400, which is 52% above the national median of $244,900. This places Bridgewater in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,141, 2% below the national average of $1,163/month. Of the 2,322 total housing units, 64% are owner-occupied (1,394 units) and 36% are renter-occupied (783 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 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 6.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bridgewater have an average one-way commute time of 13.4 minutes, one of the shorter commutes in the region.
Education & Demographics
48.6% of Bridgewater residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.7% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 4.2% Asian residents, with 8.7% of the population being foreign-born.
Cost of Living in Bridgewater, VA
Compared to national averages, Bridgewater has a median household income of $81,012 (8% above the national median of $75,149). Home values average $372,400, which is 52% above the national median. Monthly rent at $1,141 is 2% below the US average of $1,163. Within Virginia, Bridgewater's income is 8% below the state average of $87,957, and home values are 14% above the state median of $327,514.
Why Live in Bridgewater, VA?
Bridgewater offers a strong local economy with a median household income of $81,012, well above the national average, and rent that’s lower than the national average at $1,141/month, and a well-educated community where 48.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.5%, better than the national average, and short commute times averaging just 13.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $372,400. However, Bridgewater’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bridgewater has a population of 6,650 with a median age of 31.9 years. Compare Bridgewater with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Bridgewater
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Buena Vista | 6,612 | $54,458 | $153,500 | Compare |
| Galax | 6,698 | $41,438 | $126,800 | Compare |
| Bedford | 6,703 | $47,697 | $192,600 | Compare |
| Belle Haven | 6,590 | $137,878 | $572,200 | Compare |
| South Run | 6,714 | $250,001 | $940,900 | Compare |
| Spotsylvania Courthouse | 6,793 | $85,321 | $366,900 | Compare |
| Braddock | 6,404 | $214,563 | $915,900 | Compare |
| Pimmit Hills | 6,395 | $168,548 | $925,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
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, VA?
The population of Bridgewater, VA is 6,650 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Virginia.
What is the median household income in Bridgewater?
The median household income in Bridgewater, VA is $81,012 per year, which is 8% above the national median of $75,149.
What is the median home value in Bridgewater?
The median home value in Bridgewater, VA is $372,400, which is 52% above 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, VA is $1,141, which is 2% below the national average of $1,163/month.
What is the unemployment rate in Bridgewater?
The unemployment rate in Bridgewater, VA is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bridgewater, VA a good place to live?
Bridgewater offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,650 and a median age of 31.9, the city appeals to young professionals and families.
How educated is Bridgewater, VA?
48.6% of residents in Bridgewater aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Bridgewater?
Key cost-of-living indicators for Bridgewater, VA: median home value is $372,400 (52% above national), median rent is $1,141/month, and median household income is $81,012. The home-value-to-income ratio is 4.6x, a moderate figure by national standards.
What is the poverty rate in Bridgewater?
The poverty rate in Bridgewater, VA is 6.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bridgewater, VA?
Bridgewater's population is 1.7% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 4.2% Asian, and 4.1% two or more races. 8.7% of residents are foreign-born.