Living in Bedford, Kentucky
Cost of living, income, home prices, rent and demographics of Bedford · Census data 2020–2024
Bedford has 386 residents with a median age of 43.6. The median household income is $41,875 (34% lower than the Kentucky median), the median home value is $95,800, the median rent is $884/month.
Bedford is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Bedford at a glance
- Population
- 386
- Median age
- 43.6State: 39.1
- Median household income
- $41,875State: $63,726
- Median home value
- $95,800State: $205,600
- Median rent
- $884/moState: $967
- Homeowners
- 39.4%
- Bachelor's degree or higher
- 2.8%
- Average commute
- 33 min
Is Bedford a good place to live?
Pros: Home values 53% lower than the state median.
Cons: Median household income 34% lower than the Kentucky median; an average commute of 33 minutes; unemployment of 5.4%; a poverty rate of 26.4%.
The weather is best in May and August to October.
Cost of living in Bedford
Housing is the biggest part of the cost of living. In Bedford the median home value is $95,800, 71% lower than the U.S. median. Renters pay a median of $884 per month, which is 29.2% of household income. Homeowners with a mortgage pay $1,094 a month in housing costs.
Bedford median household income
The median household income in Bedford is $41,875 and the income per person is $24,105. 26.4% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Bedford: homes for sale and rent
- Housing units
- 230
- Owner-occupied
- 39.4%
- Renter-occupied
- 60.6%
- Vacant
- 23.9%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.21
Bedford demographics
- Population
- 386
- Median age
- 43.6
- Under 18
- 15.8%
- 65 and older
- 20.5%
- Households
- 175
- Foreign-born
- 2.1%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Bedford ›
Education in Bedford
2.8% of adults 25 and older in Bedford have a bachelor's degree or higher (Kentucky: 27.6%), and 2.8% have a graduate or professional degree.
Jobs and commute in Bedford
- Unemployment rate
- 5.4%State: 4.9%
- Average commute
- 33 minState: 24 min
- Work from home
- 7.1%
- Drive alone
- 75%
- Public transit
- 0%
- Walk to work
- 3.6%
- Homes with broadband
- 82.3%
Bedford vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bedford | 386 | $41,875 | $95,800 | $884 |
| Campbellsburg | 1,016 | $54,875 | $162,200 | $917 |
| Lamb | 272 | $103,426 | — | — |
| Milton | 637 | $62,500 | $156,700 | $763 |
| Carrollton | 3,915 | $45,871 | $113,200 | $918 |
| Brooksburg | 111 | $39,167 | $179,200 | — |
| Hanover | 3,554 | $53,929 | $138,700 | $900 |
| Westport | 275 | $53,047 | $326,600 | $938 |
| Madison | 12,223 | $61,183 | $203,100 | $820 |
More for people moving to Bedford
Bedford ZIP code ›Weather and climate ›Living in Bedford: FAQ
What is the median household income in Bedford, KY?
The median household income in Bedford is $41,875, 34% lower than the Kentucky median of $63,726 (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 $95,800, compared with $205,600 in Kentucky.
How much is rent in Bedford?
The median gross rent in Bedford is $884 per month, about 29.2% of household income.
Is Bedford, KY a good place to live?
Pluses: home values 53% lower than the state median. Minuses: median household income 34% lower than the Kentucky median; an average commute of 33 minutes; unemployment of 5.4%; a poverty rate of 26.4%.
What is the median age in Bedford?
The median age in Bedford is 43.6 years (Kentucky: 39.1).
How long is the commute in Bedford?
The average commute to work in Bedford is 33 minutes; 7.1% of workers work from home.
What is the unemployment rate in Bedford?
The unemployment rate in Bedford is 5.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bedford?
2.8% 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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