1031 Exchange Bridgewater, Massachusetts

 

Surrounding submarket Area

Bridgewater, Massachusetts is a part of the South/SE Suburban Submarket submarket area, and contains zip codes 02324 and 02325.

Bridgewater Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Bridgewater, MA submarket area was $1,695, which is 24.18% higher than 2014 average rent. This represents a compounded annual growth rate of 4.43%. 2019 vacancy in Bridgewater, MA was 4.40%.

The total population of the city of Bridgewater, MA has grown 3.13% since 2010. As of 2018, the population was 27,395. The median household income of the Bridgewater was $92,289, which is 53.07% higher than the national average.

  • submarket area South / SE Suburban Submarket
  • avg rent $1,695
  • rent growth 24.18%
  • vacancy 4.40%
  • median income $92,289
  • population (2018) 27,395
  • population growth 3.13%
  • vs. nat'l avg 53.07%
  • zip codes 02324 02325

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