Bridgewater median real estate price is $1,026,372, which is more expensive than 99.8% of the neighborhoods in Mississippi and 88.9% of the neighborhoods in the U.S.
The average rental price in Bridgewater is currently $2,463, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.2% of the neighborhoods in Mississippi.
Bridgewater is a rural neighborhood (based on population density) located in Ridgeland, Mississippi.
Bridgewater real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Bridgewater neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Bridgewater, the current vacancy rate is 1.0%, which is a lower rate of vacancies than 91.4% of all neighborhoods in the U.S. This means that the housing supply in Bridgewater is very tight compared to the demand for property here.
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 Ridgeland, the Bridgewater neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
People
If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 2.1% of America's neighborhoods are wealthier than the Bridgewater neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Bridgewater also has one of the lowest ratings of child poverty in the nation.
In addition, a majority of the adults in the Bridgewater neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Mississippi by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 98.9% of the neighborhoods in Mississippi. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children, college students and urban sophisticates.
Also, the rate of college educated adults in the Bridgewater neighborhood is a unique characteristic of the neighborhood. 83.8% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 98.8% of all U.S. neighborhoods.
Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Bridgewater neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 52.7% of the households here have four, five, or more cars. That is more cars per household than in 99.8% of the neighborhoods in the nation.
Real Estate
One way that the Bridgewater neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.0% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
In addition, owner-occupied real estate dominates the Bridgewater neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.0% of neighborhoods in America.
Modes of Transportation
While most Americans do drive to work alone each day, the Bridgewater neighborhood stands out by having 91.9% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 98.1% of all American neighborhoods.
Diversity
Did you know that the Bridgewater neighborhood has more English and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.3% of this neighborhood's residents have English ancestry and 3.0% have Welsh ancestry.
Bridgewater is also pretty special linguistically. Significantly, 10.0% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 99.2% of the neighborhoods in America.
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 Bridgewater neighborhood in Ridgeland are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 97.9% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Bridgewater neighborhood, 59.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 20.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (11.3%), and 9.2% in manufacturing and laborer occupations.
Languages
The most common language spoken in the Bridgewater neighborhood is English, spoken by 95.9% of households. Some people also speak Langs. of India (10.0%).
Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Bridgewater neighborhood in Ridgeland, MS, residents most commonly identify their ethnicity or ancestry as English (25.3%). There are also a number of people of Irish ancestry (10.7%), and residents who report German roots (6.1%), and some of the residents are also of Asian ancestry (4.7%), along with some Sub-Saharan African ancestry residents (4.7%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Bridgewater neighborhood spend under 15 minutes commuting one-way to work (47.0% of working residents), one of the shortest commutes across America.
Here most residents (91.9%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
