Is it expensive to live in Bridgeport CT?

Bridgeport cost of living is 106.3
COST OF LIVING Bridgeport Connecticut
Health 102.3 97.7
Housing 74.9 103.6
Median Home Cost $269,600 $318,400
Utilities 130.6 118.5

Is Bridgeport CT wealthy?

BRIDGEPORT — It sounds surprising, but the Park City has been listed as one of the richest cities in America. … Bloomberg analyzed U.S. Bureau of Economic Analysis data for 100 of the largest metropolitan areas in the country.

Is Bridgeport Connecticut a good neighborhood?

The town of Bridgeport is the largest and most populated community in the state of Connecticut. … Called the “Park City”, Bridgeport offers great cultural, social, and recreational opportunities. It is a city with over 25 parks, incredible museums.

Is CT expensive to live in?

Connecticut is a pricey state to live in, and housing is no exception. … A two-bedroom apartment in Connecticut would cost $1,295 a month on average.

Is Bridgeport poor?

More than 20 percent of the population of Bridgeport, Connecticut, lives below the poverty line, more than double the 10.1 percent state poverty rate. … Bridgeport residents – even those living below the poverty line – face additional financial strain due to the city’s high cost of living.

Is Bridgeport urban or suburban?

Bridgeport is a city in Connecticut with a population of 145,639. … Living in Bridgeport offers residents an urban suburban mix feel and most residents rent their homes. In Bridgeport there are a lot of coffee shops and parks. Many families live in Bridgeport and residents tend to be liberal.

What part of Bridgeport CT is safe?

People who live in the Bridgeport metro area generally consider the northeast part of the metro area to be the safest. Your chance of being a victim of crime in the Bridgeport metro area may be as high as 1 in 26 in the east neighborhoods, or as low as 1 in 74 in the northeast part of the metro area.

What percentage of Bridgeport is black?

Bridgeport Demographics

White: 40.43% Black or African American: 35.09% Other race: 15.75% Two or more races: 4.87%

What’s the richest town in Connecticut?

Incorporated county subdivisions
Rank Town
1 New Canaan Town
2 Darien Town
3 Greenwich Town
4 Weston Town

What is Bridgeport known for?

Bridgeport is a historic seaport city in the U.S. state of Connecticut, and its largest city. … The first Subway restaurant opened in Bridgeport’s North End in 1965. The Frisbie Pie Company was founded in Bridgeport, and the city is credited as the birthplace of the Frisbee.

How poor is Bridgeport Connecticut?

The poverty rate in Bridgeport is 20.8%. One out of every 4.8 residents of Bridgeport lives in poverty. How many people in Bridgeport, Connecticut live in poverty? 29,721 of 142,927 Bridgeport residents reported income levels below the poverty line in the last year.

Do black people live in Bridgeport?

Indeed, more than a third of Bridgeport residents are minorities, though blacks remain scarce. Despite the growing diversity, many blacks say the changing face of Bridgeport is a mask concealing the same feelings of racism that existed decades ago.

What percentage of Bridgeport is white?

40.4%
Table
Population
Persons 65 years and over, percent  11.3%
Female persons, percent  51.7%
Race and Hispanic Origin
White alone, percent  40.4%

Why is Bridgeport CT so poor?

The poverty rate in Bridgeport has increased from 18 percent to 20 percent from 2007 to 2015, according to a report from the nonprofit Connecticut Voices for Children. … Bridgeport is struggling because it is a one-time manufacturing hub whose jobs went overseas as factories moved away in the late 20th century.

What is the racial makeup of Bridgeport Connecticut?

The 5 largest ethnic groups in Bridgeport, CT are Black or African American (Non-Hispanic) (32.3%), White (Hispanic) (20.3%), White (Non-Hispanic) (20.1%), Other (Hispanic) (14.9%), and Asian (Non-Hispanic) (3.35%).

What is the racial makeup of Waterbury Connecticut?

The 5 largest ethnic groups in Waterbury, CT are White (Non-Hispanic) (37.8%), White (Hispanic) (23.1%), Black or African American (Non-Hispanic) (18.8%), Other (Hispanic) (9.86%), and Two+ (Non-Hispanic) (3.12%). 0% of the households in Waterbury, CT speak a non-English language at home as their primary language.

Is Fairfield Connecticut wealthy?

6. Fairfield County, Conn. The coastal county of Fairfield is the most affluent county in one of the country’s most affluent states. It contains the state’s most populous city, Bridgeport, and wealthy towns like Darien, Greenwich, Westport and New Canaan.

In what county is Bridgeport CT?

Bridgeport, city, coextensive with the town (township) of Bridgeport, Fairfield county, southwestern Connecticut, U.S. The city, the most populous in the state, is a port on Long Island Sound at the mouth of the Pequonnock River. Settled in 1639, it was first known as Newfield and later as Stratfield.

What county is Fairfield CT?

Fairfield County is a county in the southwestern corner of the U.S. state of Connecticut, as well as the State’s fastest-growing from 2010 to 2020 and largest in terms of population. As of the 2020 census, the county’s population was 957,419, representing 26.6% of Connecticut’s overall population.

Wikipedia

Who is the richest person in CT?

Ray Dalio
Ray Dalio of Greenwich, founder of the world’s biggest hedge fund Bridgewater Associates and the richest person in Connecticut, saw his net worth jump from $18 billion in 2020 to $20.3 billion in 2021, Forbes World’s Billionaire’s List shows. The 71-year-old was No. 88 overall on the billionaires list.

Is Greenwich Connecticut rich?

Greenwich, Connecticut, is known as one of the wealthiest cities in America. In 2018, the average household income in its Old Greenwich neighborhood was $336,692, the 12th-highest in the nation.

Is West Chester rich?

Check. These are all markers of affluence, something that Westchester is no stranger to: The county counts nine of its communities among the top 100 richest in the entire nation, according to Bloomberg. The median household income is close to $90,000, says recent government data, some $30,000 above the national median.

Where do billionaires live in Connecticut?

Greenwich
In Connecticut, Greenwich is home to more billionaires than any other city. A total of 11 billionaires live in Greenwich with a combined net worth of $47.2 billion. Of Greenwich residents with a minimum 10-figure net worth, Ray Dalio is the wealthiest, worth an estimated $16.9 billion.