Bridgeport is a city in Connecticut state in USA with a population of 145014 residents..
The poverty rate of Bridgeport is 23.2%, which is 66% higher than national average.
The typical household in Bridgeport earns $47484 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 52.5% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Bridgeport are struggling financially. Nearly one in every 1 in every 9 workers in Bridgeport is unemployed.
The unemployment rate of Bridgeport remained 11.5%, which is 145% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.
Cost of living in Bridgeport is 111, which is 11% higher than national average.
In Bridgeport, only 20% of adults have a bachelor's degree and 24% have some college but no degree.
Median home value in Bridgeport is $186000 , which is 19% lower than national average.
While median income in Bridgeport remained $47484, which is 30% lower than national average.