Total monthly cost of ownership
Cost to Own a Home in Bridgeport, Nebraska
A $101,000 home here costs
$976per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $519. The real number is $457 higher every month — 88% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Bridgeport against Morrill County and Nebraska
| Measure | Bridgeport | Morrill County |
|---|---|---|
| Median home value | $100,600 | $112,000 |
| Median property tax | $1,423 | $1,453 |
| Effective tax rate | 1.415% | 1.297% |
| Median gross rent | $736 | $744 |
| Population | 1,403 | 4,544 |
The weather behind that power bill
Bridgeport sits in Morrill County, which averages a high of 91.5°F in its hottest month and a low of 15.7°F in its coldest, with 18.63" of precipitation a year and 46% of it in a single three-month stretch. That climate drives 895 cooling and 6,106 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Morrill County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Morrill County
Full Morrill County cost breakdown · Every county in Nebraska
Common questions
How much does it cost to own a home in Bridgeport?
A $101,000 home in Bridgeport, Nebraska costs approximately $976 per month with 20% down at 6.66%. That is $519 principal and interest, $119 property tax, $64 homeowners insurance, $190 utilities and $84 set aside for maintenance.
What is the property tax rate in Bridgeport?
Bridgeport has an effective property tax rate of 1.415%, based on a median home value of $100,600 and median real estate taxes of $1,423. That is higher than the Morrill County average of 1.297%.
What is the average home price in Bridgeport?
The median owner-occupied home value in Bridgeport, Nebraska is $100,600, against $112,000 across Morrill County.
Is it cheaper to rent or buy in Bridgeport?
Median gross rent in Bridgeport is $736 a month, against $976 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Bridgeport — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Nebraska.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.