Living in Bedford, Massachusetts
Cost of living, income, home prices, rent and demographics of Bedford · Census data 2020–2024
Bedford has 14,727 residents with a median age of 44.3. The median household income is $172,400 (66% higher than the Massachusetts median), the median home value is $898,500, the median rent is $2,622/month.
Bedford at a glance
- Population
- 14,727
- Median age
- 44.3State: 40
- Median household income
- $172,400State: $103,960
- Median home value
- $898,500State: $562,100
- Median rent
- $2,622/moState: $1,762
- Homeowners
- 68.8%
- Bachelor's degree or higher
- 69.6%
- Average commute
- 26 min
Is Bedford a good place to live?
Pros: Median household income 66% higher than the Massachusetts median; an average commute of 26 minutes; a poverty rate of 5.5%.
Cons: Home values 60% higher than the state median; unemployment of 6.1%.
The weather is best in June to September.
Cost of living in Bedford
Housing is the biggest part of the cost of living. In Bedford the median home value is $898,500, 170% higher than the U.S. median. Renters pay a median of $2,622 per month, which is 25.6% of household income. Homeowners with a mortgage pay $3,646 a month in housing costs.
Bedford median household income
The median household income in Bedford is $172,400 and the income per person is $93,318. 5.5% of residents live below the poverty line (Massachusetts: 10%).
Housing in Bedford: homes for sale and rent
- Housing units
- 5,970
- Owner-occupied
- 68.8%
- Renter-occupied
- 31.2%
- Vacant
- 1.7%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.45
Bedford demographics
- Population
- 14,727
- Median age
- 44.3
- Under 18
- 20.8%
- 65 and older
- 19.1%
- Households
- 5,869
- Foreign-born
- 22.7%
- Veterans
- 7.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Bedford ›
Education in Bedford
69.6% of adults 25 and older in Bedford have a bachelor's degree or higher (Massachusetts: 47.3%), and 38.4% have a graduate or professional degree.
Jobs and commute in Bedford
- Unemployment rate
- 6.1%State: 5.2%
- Average commute
- 26 minState: 29 min
- Work from home
- 32.4%
- Drive alone
- 54.7%
- Public transit
- 1.1%
- Walk to work
- 0.5%
- Homes with broadband
- 97%
Bedford vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bedford | 14,727 | $172,400 | $898,500 | $2,622 |
| Hanscom AFB | 2,110 | $104,688 | — | $3,408 |
| Pinehurst | 6,845 | $146,250 | $623,800 | $1,946 |
| Burlington | 26,274 | $146,436 | $740,600 | $2,718 |
| Billerica | 42,003 | $148,200 | $612,000 | $2,282 |
| Lexington | 34,295 | $238,444 | $1,203,100 | $2,891 |
| Carlisle | 5,239 | $250,001 | $1,103,900 | $1,313 |
| Concord | 18,223 | $195,350 | $1,210,000 | $2,631 |
| Lincoln | 6,948 | $175,117 | $1,208,200 | $3,168 |
More for people moving to Bedford
Bedford ZIP code ›Weather and climate ›Living in Bedford: FAQ
What is the median household income in Bedford, MA?
The median household income in Bedford is $172,400, 66% higher than the Massachusetts median of $103,960 (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 $898,500, compared with $562,100 in Massachusetts.
How much is rent in Bedford?
The median gross rent in Bedford is $2,622 per month, about 25.6% of household income.
Is Bedford, MA a good place to live?
Pluses: median household income 66% higher than the Massachusetts median; an average commute of 26 minutes; a poverty rate of 5.5%. Minuses: home values 60% higher than the state median; unemployment of 6.1%.
What is the median age in Bedford?
The median age in Bedford is 44.3 years (Massachusetts: 40).
How long is the commute in Bedford?
The average commute to work in Bedford is 26 minutes; 32.4% of workers work from home.
What is the unemployment rate in Bedford?
The unemployment rate in Bedford is 6.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bedford?
69.6% 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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