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Real Estate Prices & Overview

University of Bridgeport median real estate price is $227,453, which is less expensive than 89.7% of Connecticut neighborhoods and 74.1% of all U.S. neighborhoods.

The average rental price in University of Bridgeport is currently $1,977, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.1% of Connecticut neighborhoods.

University of Bridgeport is a densely urban neighborhood (based on population density) located in Bridgeport, Connecticut.

University of Bridgeport real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the University of Bridgeport neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

University of Bridgeport has a 9.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

There are more people living in the University of Bridgeport neighborhood employed as sales and service workers (54.3%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.5% of residents in the University of Bridgeport neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.5% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, in the University of Bridgeport neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 19.5% of residents here. This is a higher proportion of walking commuters than we found in 98.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Finally, our research shows that more people carpool to work here in the University of Bridgeport (23.3%) than in 96.0% of the neighborhoods in America.

People

The University of Bridgeport neighborhood has a greater percentage of children living in poverty (67.2%) than found in 98.1% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Real Estate

Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The University of Bridgeport neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the University of Bridgeport neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 33.0% of the real estate here is made up of such dwellings, which is higher than 95.6% of all U.S. neighborhoods.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 72.8% of the residential real estate in the University of Bridgeport neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the University of Bridgeport neighborhood buck this trend. 19.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.2% of U.S. neighborhoods.

Diversity

Did you know that the University of Bridgeport neighborhood has more Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.5% of this neighborhood's residents have Puerto Rican ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the University of Bridgeport neighborhood in Bridgeport are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.3% of U.S. neighborhoods. With 67.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.1% 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 University of Bridgeport neighborhood, 45.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 31.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.2%), and 10.8% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the University of Bridgeport neighborhood is English, spoken by 48.4% of households. Other important languages spoken here include Spanish and Chinese.

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 University of Bridgeport neighborhood in Bridgeport, CT, residents most commonly identify their ethnicity or ancestry as Puerto Rican (21.5%). There are also a number of people of Mexican ancestry (14.5%), and residents who report Asian roots (13.2%), and some of the residents are also of Polish ancestry (8.1%), along with some Spanish ancestry residents (2.2%), among others. In addition, 25.3% of the residents of this neighborhood were born in another country.

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 University of Bridgeport neighborhood spend between 15 and 30 minutes commuting one-way to work (42.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (38.9%) 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 (23.3%) and 19.5% of residents also hop out the door and walk to work for their daily commute. 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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