05035, Bridgewater Corners, VT

Bridgewater Corners, VT is located in the 5035 zip code. According to the 2010 census, Bridgewater Corners has a population of 1,812. The median household income was $101,927 and the median family income was $113,724.

The average home price in Bridgewater Corners was $269,000 in January of 2016. This is an increase from the average home price of $248,000 in January of 2015. The increase can be attributed to an influx of new residents and an increase in demand for homes due to an improving economy.

Home equity is important to many people because it allows them to use their home as collateral for a loan or as a way to save for a down payment on another property. Home equity can also be used as a source of retirement income.

The percentage of people who own their homes outright (without any mortgage) is lower in Bridgewater Corners than it is nationwide. In Bridgewater Corners, only 36% of households are owner-occupied compared to the national average of 63%. The percentage of households that are occupied by renters (who pay rent rather than own their home) is also higher than the national average at 27%.

Despite these differences, homeownership rates have been on the rise over the past few years in Bridgewater Corners. Between 2007 and 2014, homeownerhip rates increased from 62% to 66%. This indicates that there is still room for improvement within the community but that homeownership rates are trending upwards overall.

Overall, homeownership rates are high in Bridgewater Corners which suggests that there is strong demand for homes here and that buyers have confidence in the long-term stability of the local economy. Additionally, low interest rates have helped fuel this trend by making it more affordable for people to buy homes outright or get into mortgage repayment schemes that allow them to pay off their house sooner rather than later