Last updated: 2024 BLS data · Page refreshed:
Bedford has a population of 49,085 with a median age of 39.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 49,085 |
| Median Age | 39.5 |
| White | 62.7% |
| Black or African American | 11.9% |
| Asian | 6.8% |
| Hispanic or Latino | 17.4% |
| Other / Two or More Races | 1.2% |
The median household income in Bedford is $83,971, which is 4.2% above the national median of $80,610. The per capita income is $44,439. The poverty rate is 7.3%.
The unemployment rate in Bedford is 4.0%, compared to the national rate of 4.1%.
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In Bedford, 94.6% of residents age 25+ have a high school diploma or higher, and 43.5% hold a bachelor's degree or higher (14.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.6% |
| Bachelor's Degree or Higher | 43.5% |
| Graduate or Professional Degree | 14.2% |
The median home value in Bedford is $350,700, above the national median of $303,400. The median monthly rent is $1,502. The homeownership rate is 50.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $350,700 |
| Median Monthly Rent | $1,502 |
| Homeownership Rate | 50.6% |
| Vacancy Rate | 5.6% |
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