Bridgewater Town, Massachusetts Income Statistics
Bridgewater Town 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.
-
B
Bridgewater Town Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Bridgewater Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Household Income | $114,619 | $104,336 | $80,455 |
| Median Personal Income | $78,992 | $80,230 | $60,758 |
| Average Yearly Income Growth | 3.6% | 4.9% | 4.8% |
| Six-Figure Earners | 16.2% | 20.6% | 13.9% |
| $200k+ Households | 21.7% | 22.3% | 13.2% |
The median household income in Bridgewater Town is about 10% higher than in Massachusetts. Income has been growing slower in Bridgewater Town (3.6%/yr) than in Massachusetts (4.9%/yr).
About 16% of adults in Bridgewater Town earn six figures ($100,000 or more) a year, lower than the Massachusetts average of 21%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Bridgewater Town, Massachusetts grew by 33.3% from 2009 to 2024, reaching $114,619 in 2024. That's an average of about 3.6% per year.
Income Inequality and the Gender Pay Gap in Bridgewater Town
| Metric | Bridgewater Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.569 | 0.531 | 0.552 |
| Male Median Income | $87,204 | $90,842 | $69,667 |
| Female Median Income | $74,454 | $75,629 | $56,850 |
| Gender Pay Gap | 14.6% | 16.7% | 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 Bridgewater Town, it is 0.569, higher than Massachusetts's 0.531, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 17% more than women's income in Bridgewater Town, Massachusetts. Over a 35-year career, a 17% wage gap accumulates to roughly $446,250 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Bridgewater Town, Massachusetts has narrowed from about 36% to 15% in 2024. Over that period the gap was narrowest at 11% in 2023. In dollar terms, the gap has narrowed by $11,538 since 2009.
Employment
| Metric | Bridgewater Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.6% | 5.1% | 5.2% |
| Working from Home | 12.7% | 18.6% | 15.0% |
| Commute time (minutes) | 30 | 25 | 22 |
Approximately 699 people are unemployed in Bridgewater Town, Massachusetts.
The average commute time in Bridgewater Town is 30 minutes, longer than the 25 minutes in Massachusetts.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Bridgewater Town, Massachusetts has fallen from 8.4% to 4.6% in 2024. Over that period the rate peaked at 9.1% in 2012.
Bridgewater Town, MA Wealth Compared With Nearby Cities
How Bridgewater Town, MA compares with the 2 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Bridgewater Town, MA | 28,458 | $114,619 #1/3 | 3.6%/yr #3/3 | 4.6% #1/3 | 0.569 #3/3 |
| Brockton, MA | 105,376 | $80,733 | 6.2%/yr | 8.6% | 0.553 |
| Taunton, MA | 60,438 | $77,792 | 4.2%/yr | 5.8% | 0.509 |
Conclusion
Considering all these factors, Bridgewater Town, Massachusetts has an overall wealth index grade of B, making it about on par with Massachusetts, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Bridgewater Town, Massachusetts.
How Rich Is Bridgewater Town, Massachusetts?
Bridgewater Town has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $114,619, about 10% higher than the Massachusetts average of $104,336.
Are incomes growing in Bridgewater Town, Massachusetts?
Between 2009 and 2024, the median household income in Bridgewater Town, Massachusetts rose 33%, from $85,961 to $114,619. Over the same years, income here lagged behind Massachusetts as a whole: +33% against +61%.
What was the median household income in Bridgewater Town in 2023?
In 2023, the median household income in Bridgewater Town, Massachusetts was $111,438, down 1% from $112,680 in 2022. The Massachusetts median that year was $101,513.
What was the median household income in Bridgewater Town in 2020?
In 2020, the median household income in Bridgewater Town, Massachusetts was $100,695. By 2024 it had risen 14% to $114,619.
What is the Gini coefficient in Bridgewater Town, Massachusetts?
The Gini coefficient in Bridgewater Town is 0.569. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Bridgewater Town, Massachusetts?
Since 2009, the income gap between men and women in Bridgewater Town, Massachusetts has narrowed from about 36% to 15% in 2024. Over that period the gap was narrowest at 11% in 2023. In dollar terms, the gap has narrowed by $11,538 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →