Bridgewater

Grafton Countyβ€’Lakes Regionβ€’Population: 1,160

Overview

Bridgewater is a small, rural town in Grafton County near Newfound Lake, with forested hills and a modest population. The town has no significant commercial center of its own.

Bridgewater's proximity to Newfound Lake and Bristol provides recreational access without lakefront costs, while the surrounding hills offer hiking. The town's rural roads connect scattered residential neighborhoods.

Housing in Bridgewater remains affordable, drawing families and retirees who want Newfound Lake proximity at a lower cost than lakefront towns.

Pros & Cons

βœ“ Pros

  • β€’Near Newfound Lake
  • β€’Affordable
  • β€’Rural character
  • β€’Quiet

βœ— Cons

  • β€’No downtown
  • β€’Limited services
  • β€’Small population

Cost of Owning Here

Official property tax rates published by the NH Department of Revenue Administration, plus estimated tax bills for Bridgewater.

2025 Local Tax Rate
$6.35
per $1,000 assessed value
2025 Effective (Equalized) Rate
$5.14
Equalization ratio: 81%
Municipal
$1.71
Local School
$2.46
State Education
$1.15
County
$1.03

Why "Effective Rate" is a better comparison

New Hampshire towns do not all assess property at the same percentage of market value. The state publishes an annual equalization ratio for every municipality showing how close local assessments are to full market value. A town that assesses homes at only 64% of market value will show an artificially high tax rate compared to a town that assesses at 100%. Multiplying the local rate by the equalization ratio produces an effective (equalized) rate that can be fairly compared across any two towns in the state.

YearTotal RateEffective RateMunicipalLocal SchoolState Ed.County
2025$6.35$5.14$1.71$2.46$1.15$1.03

Source: NH DRA

Example Tax Bills for 2025

Home ValueEstimated Annual TaxEstimated Monthly
$250,000$1,588$132
$350,000$2,223$185
$500,000$3,175$265
$750,000$4,763$397
$1,000,000$6,350$529

Estimates calculated using the 2025 local tax rate of $6.35 per $1,000 of assessed value. Actual tax bills depend on your property's specific assessed value and any exemptions or credits you may qualify for.

Climate & Environment

Summer Avg High
77.6Β°F
Winter Avg High
32.8Β°F
Annual Snowfall
62.4 in
Annual Rainfall
49.4 in
Sunny Days/Year
261
Data source: Open-Meteo / ERA5 β€’ Updated 7/3/2026

Transportation & Commute

Commute to Major Cities

Boston
108 mi
~130 min drive
Manchester
58 mi
~72 min drive
Portsmouth
100 mi
~122 min drive
Concord
41 mi
~52 min drive
Data source: OpenRouteService / OpenStreetMap β€’ Updated 7/3/2026

Recreation & Outdoors

Outdoor Recreation Score
24/100
Trail Miles
15.1
0
Boat Launches
1
State Parks
1
0

Winter & Camping

Snowmobile Trails:15 miles
XC Ski Trails:0 miles
Campgrounds:1

Economy & Demographics

πŸ’°Income

Median Household Income
$77,500
Per Capita Income
$50,433
Median Family Income
$89,583

🏠Housing Costs

Median Home Value
$324,200
Median Rent
$894/mo
Homeownership Rate
79.92%

πŸ’ΌEmployment

Unemployment Rate
1.35%
In Labor Force
592
Work From Home
1.23%

πŸŽ“Education

Bachelor's Degree or Higher
21.49%
Total with Degree
202

πŸš—Commute

Work From Home
1.23%

πŸ‘₯Demographics

Median Age
55.6 years
Avg Household Size
2.32 people
Data source: Census ACS 2022 (5-Year) β€’ Census Data Year: 2022 β€’ Updated 7/3/2026

Condo Communities in Bridgewater

one registered condo association β€” offering active low-maintenance living options.

Source: Grafton County Audit - AI Discovery (data as of August 2026)

Compare Bridgewater with Other Towns

See how Bridgewater stacks up against other NH communities.