Bridgeport, Connecticut Income Statistics

Bridgeport Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.

  • D
    Bridgeport Well below average

Source: Map AI Methodology

Income Statistics Overview

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Metric Bridgeport Connecticut Avg US Average
Median Household Income $58,703 $97,098 $80,455
Median Personal Income $49,089 $75,632 $60,758
Average Yearly Income Growth 4.2% 3.7% 4.8%
Six-Figure Earners 7.2% 18.8% 13.9%
$200k+ Households 6.3% 19.5% 13.2%

The median household income in Bridgeport is about 40% lower than in Connecticut. Income has been growing faster in Bridgeport (4.2%/yr) than in Connecticut (3.7%/yr).

About 7% of adults in Bridgeport earn six figures ($100,000 or more) a year, lower than the Connecticut average of 19%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Bridgeport
United States

Median household income in Bridgeport, Connecticut grew by 46.5% from 2009 to 2024, reaching $58,703 in 2024. That's an average of about 4.2% per year.

Bridgeport has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. The gap has widened from 22% in 2009, the closest it has been, to 27% in 2024.

Year Bridgeport United States

Income Distribution in Bridgeport

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Bridgeport
United States

Income range calculator

About 13,782 households (26.2% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 31.5% of households in Bridgeport had an income under $35,000 and 12.2% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Bridgeport has a larger share of households earning $10,000 to $14,999 (7.7% vs 3.5%) and a smaller share earning $200,000 or more (6.3% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 3,579 6.8% 5.1%
$10,000 to $14,999 4,058 7.7% 3.5%
$15,000 to $24,999 4,669 8.9% 6.4%
$25,000 to $34,999 4,255 8.1% 6.7%
$35,000 to $49,999 6,702 12.7% 10.1%
$50,000 to $74,999 8,579 16.3% 15.5%
$75,000 to $99,999 7,028 13.3% 12.6%
$100,000 to $149,999 7,383 14.0% 17.4%
$150,000 to $199,999 3,100 5.9% 9.5%
$200,000 or more 3,299 6.3% 13.2%

Shares are of all 52,652 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).

Income Inequality and the Gender Pay Gap in Bridgeport

Metric Bridgeport Connecticut Avg US Average
Gini Coefficient 0.555 0.536 0.552
Male Median Income $53,872 $85,321 $69,667
Female Median Income $50,777 $70,012 $56,850
Gender Pay Gap 5.7% 17.9% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Bridgeport, it is 0.555, higher than Connecticut's 0.536, so income is less evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.

Men's income is about 6% more than women's income in Bridgeport, Connecticut. Over a 35-year career, a 6% wage gap accumulates to roughly $108,325 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Bridgeport, Connecticut has narrowed from about 13% to 6% in 2024. Over that period the gap was widest at 13% in 2010, and was narrowest at 3% in 2020. In dollar terms, the gap has narrowed by $1,965 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Bridgeport Connecticut Avg US Average
Unemployment Rate 8.2% 5.5% 5.2%
Working from Home 7.5% 16.2% 15.0%
Commute time (minutes) 23 22 22

Approximately 5,941 people are unemployed in Bridgeport, Connecticut.

The average commute time in Bridgeport is 23 minutes, longer than the 22 minutes in Connecticut.

Unemployment Rate Over Time

Bridgeport
United States

Since 2011, the unemployment rate in Bridgeport, Connecticut has fallen from 14.0% to 8.2% in 2024. Over that period the rate peaked at 16.2% in 2014 and fell as low as 8.0% in 2023.

Bridgeport has stayed well above the U.S. unemployment rate in every year from 2011 to 2024 and has never dropped below it. It came closest in 2023, at 2.8 points higher. The gap has narrowed from 5.3 points in 2011 to 2.9 points in 2024.

Year Bridgeport United States

Conclusion

Considering all these factors, Bridgeport, Connecticut has an overall wealth index grade of D, making it somewhat worse than Connecticut, and somewhat worse than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Bridgeport, Connecticut.

How Rich Is Bridgeport, Connecticut?

Bridgeport has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $58,703, about 40% lower than the Connecticut average of $97,098.

How has median household income changed in Bridgeport, Connecticut?

Between 2009 and 2024, the median household income in Bridgeport, Connecticut rose 47%, from $40,065 to $58,703. Over the same years, income here outpaced Connecticut as a whole: +47% against +41%.

What was the median household income in Bridgeport in 2023?

In 2023, the median household income in Bridgeport, Connecticut was $56,826, up 4% from $54,819 in 2022. The Connecticut median that year was $95,197.

What was the median household income in Bridgeport in 2020?

In 2020, the median household income in Bridgeport, Connecticut was $47,667. By 2024 it had risen 23% to $58,703.

Is unemployment high in Bridgeport, Connecticut?

Unemployment in Bridgeport, Connecticut is 8.2%, well above the Connecticut rate of 5.5%, so job seekers may face more competition than elsewhere.

What is the Gini coefficient in Bridgeport, Connecticut?

The Gini coefficient in Bridgeport is 0.555. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.

How has the income gap between men and women changed in Bridgeport, Connecticut?

Since 2009, the income gap between men and women in Bridgeport, Connecticut has narrowed from about 13% to 6% in 2024. Over that period the gap was widest at 13% in 2010, and was narrowest at 3% in 2020. In dollar terms, the gap has narrowed by $1,965 since 2009.

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