Living in Bedford, Indiana
Cost of living, income, home prices, rent and demographics of Bedford · Census data 2020–2024
Bedford has 13,837 residents with a median age of 41.8. The median household income is $49,553 (31% lower than the Indiana median), the median home value is $152,400, the median rent is $828/month.
Bedford at a glance
- Population
- 13,837
- Median age
- 41.8State: 38.1
- Median household income
- $49,553State: $71,957
- Median home value
- $152,400State: $218,200
- Median rent
- $828/moState: $1,062
- Homeowners
- 67.2%
- Bachelor's degree or higher
- 17.3%
- Average commute
- 24 min
Is Bedford a good place to live?
Pros: Home values 30% lower than the state median; an average commute of 24 minutes; unemployment of 2.3%.
Cons: Median household income 31% lower than the Indiana median; a poverty rate of 16.2%.
The weather is best in May–June and August–September.
Cost of living in Bedford
Housing is the biggest part of the cost of living. In Bedford the median home value is $152,400, 54% lower than the U.S. median. Renters pay a median of $828 per month, which is 31.8% of household income. Homeowners with a mortgage pay $1,190 a month in housing costs.
Bedford median household income
The median household income in Bedford is $49,553 and the income per person is $31,811. 16.2% of residents live below the poverty line (Indiana: 12.3%).
Housing in Bedford: homes for sale and rent
- Housing units
- 6,828
- Owner-occupied
- 67.2%
- Renter-occupied
- 32.8%
- Vacant
- 7%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.09
Bedford demographics
- Population
- 13,837
- Median age
- 41.8
- Under 18
- 19.9%
- 65 and older
- 22%
- Households
- 6,353
- Foreign-born
- 1%
- Veterans
- 9.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Bedford ›
Education in Bedford
17.3% of adults 25 and older in Bedford have a bachelor's degree or higher (Indiana: 29.5%), and 5.5% have a graduate or professional degree.
Jobs and commute in Bedford
- Unemployment rate
- 2.3%State: 4.3%
- Average commute
- 24 minState: 24 min
- Work from home
- 6.3%
- Drive alone
- 82.7%
- Public transit
- 0%
- Walk to work
- 2.8%
- Homes with broadband
- 83.4%
Bedford vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bedford | 13,837 | $49,553 | $152,400 | $828 |
| Oolitic | 1,522 | $59,018 | $138,200 | $814 |
| Avoca | 439 | $73,654 | $211,600 | — |
| Mitchell | 3,937 | $48,930 | $114,500 | $849 |
| Harrodsburg | 298 | $35,417 | $182,800 | — |
| Huron | 237 | $88,333 | — | — |
| Smithville-Sanders | 3,299 | $74,750 | $259,100 | $1,123 |
| Orleans | 2,235 | $65,330 | $117,500 | $850 |
More for people moving to Bedford
Bedford ZIP code ›Weather and climate ›Living in Bedford: FAQ
What is the median household income in Bedford, IN?
The median household income in Bedford is $49,553, 31% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Bedford?
The median home value in Bedford is $152,400, compared with $218,200 in Indiana.
How much is rent in Bedford?
The median gross rent in Bedford is $828 per month, about 31.8% of household income.
Is Bedford, IN a good place to live?
Pluses: home values 30% lower than the state median; an average commute of 24 minutes; unemployment of 2.3%. Minuses: median household income 31% lower than the Indiana median; a poverty rate of 16.2%.
What is the median age in Bedford?
The median age in Bedford is 41.8 years (Indiana: 38.1).
How long is the commute in Bedford?
The average commute to work in Bedford is 24 minutes; 6.3% of workers work from home.
What is the unemployment rate in Bedford?
The unemployment rate in Bedford is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bedford?
17.3% of adults in Bedford have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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