What is the median home price in Bedford?

The median home price in Bedford, Bedford city, Indiana is $123,200, which is 56% below the national average of 281,900 ($281,900).

Bedford, Bedford city, Indiana has a violent crime rate of 0.0 per 1,000 residents, which is 100% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 0.2 per 1,000 residents.

What is the Walk Score for Bedford?

Bedford, Bedford city, Indiana has a Walk Score of 47 out of 100, classified as "Car-Dependent." The national average Walk Score is 48/100. The transit score is 0/100. The bike score is 53/100.

What is the median household income in Bedford?

The median household income in Bedford, Bedford city, Indiana is $49,492, which is 34% below the national average of 74,580 ($74,580).

What is the average rent in Bedford?

The median rent in Bedford, Bedford city, Indiana is $1,013 per month. The national average median rent is $1,163/month.

What is the air quality in Bedford?

Bedford, Bedford city, Indiana has an Air Quality Index (AQI) of 44, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Bedford?

The population of Bedford, Bedford city, Indiana is approximately 13,802. The homeownership rate is 35.0% (national average: 65.9%).

What are the climate risks in Bedford?

Bedford, Bedford city, Indiana has an overall climate risk rating of "Relatively High" with a risk score of 84.70. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Bedford affordable?

Bedford, Bedford city, Indiana has an affordability index of 159, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 14.6¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Bedford?

The unemployment rate in Bedford, Bedford city, Indiana is 3.1%. The national average unemployment rate is 3.7%. The poverty rate is 15.7% (national average: 12.4%).

Bedford

Bedford city, Indiana

Affordable

About Bedford

If you're seeking a genuinely affordable lifestyle without sacrificing charm, Bedford, Indiana, is a hidden gem. This close-knit community of just under 14,000 residents offers a refreshing alternative to the soaring costs of the national housing market. Here, the median home value hovers around $123,200, a world away from the US average. Imagine owning a home in a friendly town where your dollar stretches significantly further, allowing you to enjoy life's simple pleasures. Bedford radiates a sense of peace and tranquility, where neighbors know each other and community events are the norm.

From an investment perspective, Bedford presents a compelling case. While the median household income of around $49,492 is lower than the national average, the cost of living advantage is undeniable. The housing market is stable, and the area is known for its safety. This is an ideal locale for first-time homebuyers, families looking to escape the hustle of city life, or retirees seeking a serene and budget-friendly environment. Bedford offers a blend of affordability, security, and a welcoming atmosphere, making it a sound choice for those prioritizing value and quality of life.

Bedford, Indiana at a Glance

Bedford is a city in Bedford city, Indiana with a population of approximately 13,802. The median home value is $123,200 and the median household income is $49,492. It has a Walk Score of 47 out of 100, indicating car dependency. The violent crime rate is 0.0 per 1,000 residents, which is 100% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $1,013 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.