Total monthly cost of ownership
Cost to Own a Home in Bridgeport, Texas
A $241,000 home here costs
$2,114per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,239. The real number is $875 higher every month — 71% 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 Wise County and Texas
| Measure | Bridgeport | Wise County |
|---|---|---|
| Median home value | $241,100 | $277,200 |
| Median property tax | $3,591 | $3,293 |
| Effective tax rate | 1.489% | 1.188% |
| Median gross rent | $1,207 | $1,239 |
| Population | 6,174 | 72,359 |
The weather behind that power bill
Bridgeport sits in Wise County, which averages a high of 95.4°F in its hottest month and a low of 33.2°F in its coldest, with 38.89" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 2,551 cooling and 2,534 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Wise County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wise County
Common questions
How much does it cost to own a home in Bridgeport?
A $241,000 home in Bridgeport, Texas costs approximately $2,114 per month with 20% down at 6.66%. That is $1,239 principal and interest, $299 property tax, $159 homeowners insurance, $216 utilities and $201 set aside for maintenance.
What is the property tax rate in Bridgeport?
Bridgeport has an effective property tax rate of 1.489%, based on a median home value of $241,100 and median real estate taxes of $3,591. That is higher than the Wise County average of 1.188%.
What is the average home price in Bridgeport?
The median owner-occupied home value in Bridgeport, Texas is $241,100, against $277,200 across Wise County.
Is it cheaper to rent or buy in Bridgeport?
Median gross rent in Bridgeport is $1,207 a month, against $2,114 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 Texas.
- 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.