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Real Estate Prices & Overview

Lake Bridgeport median real estate price is $239,301, which is more expensive than 39.5% of the neighborhoods in Texas and 28.6% of the neighborhoods in the U.S.

The average rental price in Lake Bridgeport is currently $1,410, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.8% of Texas neighborhoods.

Lake Bridgeport is a remote neighborhood (based on population density) located in Bridgeport, Texas.

Lake Bridgeport real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Lake Bridgeport neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Lake Bridgeport. The current real estate vacancy rate here is 20.2%. This is higher than the rate of vacancies in 87.0% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (16.8%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Bridgeport, the Lake Bridgeport neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of particular note, 13.2% of the people in the Lake Bridgeport neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, if you're planning where to retire, the Lake Bridgeport neighborhood in Bridgeport is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in TX, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.2% of the neighborhoods in Texas. If you are considering retiring to Texas, this is a good neighborhood to look at.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Lake Bridgeport neighborhood in Bridgeport are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.4% of U.S. neighborhoods. With 22.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.2% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Lake Bridgeport neighborhood, 35.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.8%), and 13.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lake Bridgeport neighborhood is English, spoken by 83.0% of households. Some people also speak Spanish (16.6%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Lake Bridgeport neighborhood in Bridgeport, TX, residents most commonly identify their ethnicity or ancestry as Mexican (21.3%). There are also a number of people of Irish ancestry (10.1%), and residents who report German roots (9.0%), and some of the residents are also of English ancestry (8.3%), along with some Native American ancestry residents (1.2%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Lake Bridgeport neighborhood spend between 15 and 30 minutes commuting one-way to work (33.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (75.2%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (8.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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